Zinc Weekly
Cleared a short term resistance in turquoise decisively and right through the 61.8% Fib too. Potentially 79% retracement has some loose confluence with another key resistance before the ultimate at the top. Zinc price showing some new found life and rally looks strong.
Unfortunately IBG SP is stuck at the base accumulation. A break of 6.4C will be interesting and if it is a weekly decisively break and closes strong, I might be interested.
IBG Weekly
Just thought I throw in this IBG chart for some discussion. RSI setting is daily for added sensitivity using a weekly chart. From history each OB on RSI has also been the top of the swing before price collapse back. Typical of stocks that is at the base forming for bull traps. One just never know which one produces the sustainable trend reversal.
I suspect the next break with some fundamentals through the Zinc rally can have more sustainability. Good luck.
IBG & The Zinc Push, page-3
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.4¢ | 0.2¢ | $18.36K | 6.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4577362 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 31208333 | 9 |
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| Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
| IBG (ASX) Chart |