Chart has a nice shape. All EMA's intact. Previously tested 50 - 100, had a stab at the 200 Aug 11 and bounced nicely. Also broke 200 in May and bounced strongly.
Ideally, break through $1.18, reach higher then retest the breakout resistance/support white line and consolidate before moving on. Possibly some right-side room for it to coil into the wedge and retest uptrend once more before breaking out.
It couldn't hold the Ford breakout in June. Perhaps a bit of irrational exuberance on the ann. This time a break above resistance is more fundamentally driven with all necessary permits now in place and other initiatives - Lockheed etc - gathering momentum. A lot of long-tail candles over the period since Ford indicate underlying buy side support. IMHO
-
- There are more pages in this discussion • 497 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.87 |
Change
-0.385(6.16%) |
Mkt cap ! $1.946B | |||
| Open | High | Low | Value | Volume |
| $6.15 | $6.15 | $5.78 | $4.511M | 761.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 503 | $5.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.87 | 1374 | 8 |
View Market Depth
| Last trade - 13.27pm 31/07/2025 (20 minute delay) ? |
| IPX (ASX) Chart |