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Been scanning the ASX looking for unusual indicators amongst my...

  1. speves
    632 Posts.
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    30/09/09
    17:51
    Post #: 5715993
    Been scanning the ASX looking for unusual indicators amongst my favorites and have a raised flag on Image from today's action. Unusual trading today, higher than expected volume and increase in the price on a day when most mining stocks declined. Looks to me like it's about to retest the 78c mark, for the third time in as many months. A breakout above 80c would be a strong buy signal IMO.

    RSI and MACD pointing in the right direction, although less reliable on low volume stocks.............watching with interest.

    IMA Price at posting: 69.2¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
7.3¢ 		Change
0.001(1.39%) 		Mkt cap ! $80.31M
Open High Low Value Volume
7.3¢ 7.3¢ 7.3¢ $2.19K 30K

Buyers (Bids)

No. Vol. Price($)
1 170000 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 96799 1
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Last trade - 10.17am 16/09/2025 (20 minute delay) ?
IMA (ASX) Chart
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