Double bottom in play with the break of the long term downtrend.
First cup was 33 weeks. Second cup is getting to 33 weeks, but is will be a longer, drawn out cup...Maybe only 50% through, but volume will be the driver.
Volume surges will signal start of run, followed by attempts at 0.036 resistance breakout to Target 1 which is 0.080 or ~5 bags from here.
IAM Chart
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.087M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15898 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 525431 | 2 |
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| Last trade - 10.02am 07/05/2024 (20 minute delay) ? |
| CF1 (ASX) Chart |
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