Volume spiked again on Friday, which is something to note, as buyers stepped in as we broke through the $0.09 support. My Fibb shows another support at $0.081, but I think there are a few others with sup[ports at $0.083 etc. All of which does not mater too much, it sits somewhere in the low 8 cents.
I expect us to test $0.081 this week, if it fails the next line that comes into play will be $0.066. Hopefully $0.081 holds for the time being.
Daily Chart: MACD clearly turning, RSI at 58.89%, DMI and ADXR clearly turning now. Question now will be, are we seeing a sideways channel developing with a $0.081 support, or are we going to the next support line? Hard to say, but the Friday volume spike and the RSI still above 50% for the moment, might be an indicator of some support for the moment. Keeping an eye on the RSI to see if it does any sudden radical drops this week.
Volume spiked again on Friday, which is something to note, as...
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Last
7.6¢ |
Change
-0.001(1.30%) |
Mkt cap ! $556.3M | |||
| Open | High | Low | Value | Volume |
| 7.7¢ | 7.9¢ | 7.5¢ | $2.780M | 36.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 108996 | 7.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 254900 | 3 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
7.6¢ |
Change
-0.001 ( 1.17 %) |
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| Open | High | Low | Volume | ||
| 7.7¢ | 7.9¢ | 7.5¢ | 17617693 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| IMU (ASX) Chart |