Morning Nips, JimmyBgood's summary is pretty right IMO.
At this stage it's a breakaway gap and I recommend that you disregard it in your decision making if trading. Only if we see a strong reversal in current sentiment (daily) would the gap become a technical target. But so many miss trades and opportunities waiting for gaps to fill. It was a breakaway at the time on news, it doesn't need to close at this stage.
Look at other positives currently going on, check out the Bio sector.
Last night the markets were trash and yet the bio sector broke resistance.
The IMU chart is just as positive, nicely running up just under the upper bollie line and likely to retest resistance at .245. IMO.
I reckon focus on these current things Nips, keeps you in the game.
Cheers.
Morning Nips, JimmyBgood's summary is pretty right IMO.At this...
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Last
7.1¢ |
Change
-0.007(8.97%) |
Mkt cap ! $519.7M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 8.0¢ | 7.0¢ | $4.930M | 66.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 571382 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 1102836 | 5 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
7.1¢ |
Change
-0.007 ( 10.7 %) |
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| Open | High | Low | Volume | ||
| 7.8¢ | 8.0¢ | 7.0¢ | 28787854 | ||
| Last updated 15.59pm 19/04/2024 ? | |||||
| IMU (ASX) Chart |