I've attempted to do so analysis of the long term IIQ chart - monthly.
I believe we have seen what's referred to as a 'butterfly' play out....Leslie Jouflas has written the best books on these.
Essentially, that means that a move up through 50c confirms the buy signal on this pattern for the long term.
Retracement targets from the 2021 high then come into play after the stock clears the 94c-$1 region.
If that occurs, then 295-300 is the target.
Bottom line.....should 50c be cleared and held then the chart suggests stay long.
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 (20min delay)
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Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $46.88M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 42.0¢ | 40.0¢ | $40.22K | 97.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4214 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 10119 | 2 |
View Market Depth
| Last trade - 13.10pm 08/08/2025 (20 minute delay) ? |
| IIQ (ASX) Chart |