CI1 0.00% 11.0¢ credit intelligence ltd

CI1 Chart

  1. 7,022 Posts.
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    Looking at the daily chart and the increased volumes on the low would suggest a probable bottom, the stochastics is rising without being over bought, and is testing a breakout from a consolidation period.

    Why is the increased volume important? it shows, though the buying / selling was substantially higher that the sellers were unable to push the price to lower lows and imo the sellers have exhausted..

    https://hotcopper.com.au/data/attachments/4491/4491049-9c79e12bd3c627bb105d1d15b09b41c8.jpg
 
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