Hmmm struggling with this one personally. The weekly "death" cross was many months ago (during a massive sell off) and since the breakout has been followed by higher lows and higher highs on the 50ema (still going up). It takes a consistent amount of strength to move a weekly 50ema. Then you showed a far more recent time frame (daily) showing the "golden" cross followed by a retest (or roll over) testing support. All seems pretty normal? We are coming out of a 2 year bear run, it's not like the market is going to change their mind overnight, people are going to sell. Am I missing something here?
Looking forward to when the pros here just stick to what they are good at rather than arguing, as we all learn a lot.
Hmmm struggling with this one personally. The weekly "death"...
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Last
6.9¢ |
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Mkt cap ! $505.0M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.1¢ | 6.8¢ | $1.427M | 20.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57517 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 667419 | 9 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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6.9¢ |
Change
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| Open | High | Low | Volume | ||
| 6.9¢ | 7.1¢ | 6.8¢ | 7149293 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| IMU (ASX) Chart |