Hi Barneyw
Good to see your chart!
Thats similar to the chart for IMI im following ie the 200 day mav and 62% Fib
I do agree that its still under a bit of downward pressure and 3c (78.6%) is likely, however IMO, there are a few factors indicating a possible bottom around here
as far as technicals go
1 the 14d RSI and Macd divergence
2 oversold Stoch, etc
3 the 2 monthly (closing price)support at 3.6
4 the conclusion of a med term AB = CD wave.
and for the fundamentals
This has been the 2nd longest period between a Mkt sens ann( Mon will be 1 mnth!),which if history is a guide should be next week,and will no doubt be the appointment of some more relevant fresh Blood, so to speak.
I was fortunate enough to exit at around 6c after the trendline break confirmed the multi divergences at the double top (7.2) and have recently bought back several mill at 3.8c
good luck
good luck
Hi BarneywGood to see your chart! Thats similar to the chart for...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8588296 | 10 |
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| Last trade - 16.21pm 19/09/2025 (20 minute delay) ? |
| BPP (ASX) Chart |
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