"The discussion here seems to assume that everyone bought at a high and have stayed on till now. Thats just not the case."
Eagle you said the above. I wont go thru your whole post because based on your opening line, it is a false representation, because that is not what 'everyone appears' to assume.
That is what you asume others think.
The fact is this is still in a solid downtrend, that is undeniable!! The amount of folk that have said charts are useles with this kind of stock, have been banging the same drum since its high in 2011
So from a tech perspective, and a tech perspective only, this needs to not fall through 8.8 cents (closing price) otherwise it may quite easily end up back at 5.
Cheers
meanwhile...., page-85
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $458.1M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $251.5K | 806.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 121215 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 2864 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |