We've got a short time frame double top, so if we don't bounce soon then it's certainly looking like we might finally get a decent pull back, hopefully we'll get to 0.33 or so.
This could also just be the first bounce of an ascending wedge to squeeze the bears into a breakout higher.The strongest immediate support will be the e21 on the hourly. A close below this will signal the bears for some profit taking and a more decent breather.The 0.33 fib zone should be a great trade for anyone who is inclined that way or looking for a fairly de-risked second entry point. Not saying it's the bottom, (don't try to pick the bottoms.) however it's a fairly strong fib combined with the hourly e55. Keep in mind it's a support zone so it may bounce before it gets there.Enjoy your weekend folks and I'll catch you Sunday evening or Monday morning.
We've got a short time frame double top, so if we don't bounce...
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Last
7.5¢ |
Change
0.005(7.14%) |
Mkt cap ! $548.9M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.6¢ | 7.1¢ | $1.896M | 25.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3194318 | 7.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.6¢ | 331280 | 7 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
7.6¢ |
Change
0.005 ( 6.34 %) |
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| Open | High | Low | Volume | ||
| 7.1¢ | 7.6¢ | 7.1¢ | 15199158 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| IMU (ASX) Chart |