Guys the reason for the move is, i beleive, because the 20 and 50 day moving averages have crossed. This is a buy signal and could be the start of an uptrend. Notice all the other moves to 2c have been while INL has been in a downtrend, so therfore traders will take profits. This wont happen while on an uptrend (i hope) and we should see a significant move if this all stays the same. Stochastics on the rise, and MACD has also crossed and on the rise. Great time to buy IMO. Oh and the sale of 1 share at .017 is to close this mornings gap, sneaky move :P Volume is also good, expect this to continue.
Having said all that, im in at 1.8c. Hope im right!
time to buy
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Last
61.5¢ |
Change
0.018(2.93%) |
Mkt cap ! $116.7M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 61.5¢ | 59.0¢ | $430.0K | 715.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8773 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 15607 | 2 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| SDV (ASX) Chart |