I am a holder with a long term outlook, however reviewing the INR daily chart there are some interesting short term things to note:
Today appears to be the play-out of a cup and handle with a short term target of 0.28.
Supporting this is the golden cross of the 50 day moving average heading above the 200 day moving average.
Only technical headwind I see for now is previous resistance at 0.26, a close above that level some time this week would bode well for the share price in the medium term.
INR chart thread
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Last
21.3¢ |
Change
-0.008(3.41%) |
Mkt cap ! $476.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 20.5¢ | $493.3K | 2.319M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 610594 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 501100 | 24 |
View Market Depth
| Last trade - 12.41pm 13/05/2024 (20 minute delay) ? |
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Last
21.3¢ |
Change
-0.008 ( 2.70 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.0¢ | 20.5¢ | 1139061 | ||
| Last updated 13.02pm 13/05/2024 ? | |||||
| INR (ASX) Chart |