A slight increase in volume helped to push the close back above the 8ema keeping the PSar indicator in play still, volume needs to increase exponentially to drive price in any meaningful way however & only bullish fundamentals & sentiment can do that.
The tiny blue bar just appearing on the MACD histogram is confirming what the relative strength index is telling us, that price is indeed oversold.
TA at this micro level is fraught with problems and the slightest hiccup can turn the whole thing pear shaped so be aware that this is my opinion, for this moment.
Did I mention volume
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $97.07M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $179.4K | 14.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 15731879 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 3463196 | 20 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |