Yeah well done on identifying that. My BB's are set to exponential so that I can get a more accurate picture of momentum so may appear a little different to yours but all good.
Yes, today saw a slight directional shift which indicates that the momentum lower has slowed but to me it takes more than 1 candle to confirm. But hey, a slowing down of a negative is always good.
Still below the median and I'd hate to see MACD cross to the negative.
Bloody doji candles, I hate them. Just don't give any hints in what's coming next. The market throwing it's hands in the air saying, " Well I dunno"!
Personally Gino, I think that next week you're going to see a squeeze of bollies after last weeks spike and we'll be able to reset. Therefore expect the bollie median to act like a magnet through the process.
Cheers
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Last
1.3¢ |
Change
-0.002(10.7%) |
Mkt cap ! $93.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $166.4K | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 14991072 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 7322178 | 24 |
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| Last trade - 14.01pm 23/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |