Ipl is playing around with the old rising trendline.
If it breaks and holds below 3.07 my punt would be a fib retrace to arou d 38.2% level which would match lower rising trendline of around 2.93.
A bounce and a new attempt at higher highs should happen from here.
If it holds over 3.09 it may bounce between 3.0 and 3.21 until it breaks either way.
Feeling toppy but not selling off greatly ... Profit taking from nervous traders but not big moves.
This often suggests another attempt at a higher high.
So choose your poison.
sitting on old rising support trend
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Last
$2.98 |
Change
0.005(0.17%) |
Mkt cap ! $5.658B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.00 | $2.95 | $1.444M | 486.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 83420 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 68245 | 38 |
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| Last trade - 13.01pm 07/10/2024 (20 minute delay) ? |
| IPL (ASX) Chart |