Here are a couple of other observations against johnnyb26 and AverageJoe's posts. Weekly chart posted.
Increase in average volume is 3X since February; consistently moving up. Weekly average volume was traded yesterday alone.
The channel of price action has the floor moving up versus the weak trend line I have drawn. Volume and price moving up is significant; but the stock has been smashed down, so will have to have some real followthrough to break the resistance.
The doji as the start to the week doesn't look great; but the candle has another 4 days to form
My indicators just threw a buy alert on the weekly; I will report on whether this holds at the end of the week
Go well
IBG - charts, I'm in., page-72
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $5.924M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $875 | 250K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 23039245 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 19860509 | 12 |
View Market Depth
| Last trade - 15.24pm 18/07/2024 (20 minute delay) ? |
| IBG (ASX) Chart |