Just had a look at an available zinc chart weekly TF. Taking a half full glass view, I can see the making of a bullish divergence with the standard parameter MACD. What is interesting is that the green line of support is the long term support where it rejected recently but coming back down to test it again. I suspect a rejection on this support again and you will see the MACD cross over indicating a strong bullish divergence extending from the blue like I drew.
[ATTACH] Just had a look at an available zinc chart weekly TF....
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $14.93K | 4.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 93356160 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 422772 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IBG (ASX) Chart |