[ATTACH] Looks like a potential bottom on the daily and nearing...

  1. 4,123 Posts.
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    ITM daily 2.PNG

    Looks like a potential bottom on the daily and nearing the same on the weekly.
    RSI has went green from oversold zones, Stochastics have cross from oversold and the confirmation indicator in the MACD very close now also.

    Volume had decreased into sell-off meaning no much sell supply left at these levels.
    Fairly substantive pipeline of news to come.

    Upper target indicated by the 1, 2, 3.
    area 1 probable if wider market sentiment continues, area 2 probable is REO sector gets a push from china production rates for magnets returning and therefore demand back on line.

    Area 3 might need both those and some stock specific stuff.

    Between the REO drill results and the exploration/met work occurring over at the graphite tenements there's enough for a fairly substantive pipeline of news in H2.

    I still don't get how there are 10 or so other projects with REO in clay trading higher MC some more than double. When almost none have confirmed any portion is ionic via a salt leach and additionally very few have the thickness and depth to make it look remotely viable from a mining/strip ratio perspective.

    ITM imv has the best inputs on paper thus far yet trades at the lower end of the scale compared to peers.
    Oh well we'll see what results come back and where that hones ITM on in terms of viability.

    SF2TH
 
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(20min delay)
Last
3.1¢
Change
0.000(0.00%)
Mkt cap ! $5.295M
Open High Low Value Volume
3.0¢ 3.1¢ 3.0¢ $5.171K 171.5K

Buyers (Bids)

No. Vol. Price($)
2 196866 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 72756 2
View Market Depth
Last trade - 15.42pm 19/06/2025 (20 minute delay) ?
ITM (ASX) Chart
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