I personally am not seeing the bullish signs that others are seeing. Last week closed at 10.5c because of a handful of shares to push it over the line, maybe to fill a sell order? 10c has been reloaded a lot, I wonder who is buying, accumulation, maybe. The biggest order I saw last week was 3M that got filled over a couple of days, that looked good. Today I saw 2M pop up at 9.8 then moved to 10 toward the end, then disappeared after the auction, bolstering the buy side to create enthusiasm perhaps...
I'm pretty torn here if I'm honest 10c has held well and on the daily chart looks fantastic for a bounce. The other charts not so much.
The interview today was great! Read all about it in the media thread, in a different time I would feel very bullish, but war brain is holding me back quite strongly. We have economic data coming through on Wednesday and Thursday night for the US, I imagine some investors will be waiting for that. For me, there is a lot to feel a bit bearish about and that is what is weighing the scales down.
- Escalation in the middle east
- 173% rise in shipping costs
- US soldiers killed
- Evergrande going into liquidation
- Floods here in Aus
I wonder what the inflationary impact will be... will it show up in the next set of data? The "soft landing" is starting to seem a lot less likely...
just my opinion...
IMUGENE CHART. TA only, page-29102
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Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $357.0M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.8¢ | $279.2K | 5.733M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
94 | 12992150 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 1795056 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
93 | 12942150 | 0.048 |
44 | 4009024 | 0.047 |
33 | 3946479 | 0.046 |
48 | 4998765 | 0.045 |
9 | 899955 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 1795056 | 6 |
0.050 | 1199729 | 8 |
0.051 | 1430603 | 8 |
0.052 | 1994270 | 12 |
0.053 | 2727411 | 21 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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