I'm worried actual bad news has officially been released, I don't worry about a chart or bouncing SP of Penny stock.
Don't get me wrong I'm upset when the price is down and I don't have any money to buy more.
Short term holders or a short termer with a large holding exited and the fearful/ other ST technical guys followed.
The same way it goes down the same way it goes back up. Someone or few with deep pockets buy fast in large parcels the technicals turn the price goes up and the greedy ones follow.
If the growth doesn't continue the SP is bound to come back.
Similar with the selling.
IMU Chart, page-24
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Last
4.1¢ |
Change
-0.003(6.82%) |
Mkt cap ! $304.9M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.1¢ | $1.607M | 38.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4542680 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 1675759 | 9 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |