It will become a good "shorting" candidate soon. Unless something dramatic happens (eg good news) I can't see it getting above around $3.50 at most. There are a lot of major swing point highs, swing point lows at that price level. If the upper channel line provides resistance then it won't even get that far. The previous swing point low was 3.375.
I can't see any divergences that would indicate that the downtrend is weakening.
Weekly Bar Chart showing $3.50 resistance level (as at 19/05/2017)
Daily Bar Chart (as at 19/05/2017)
opportunity?, page-281
-
- There are more pages in this discussion • 175 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.09 |
Change
-0.110(2.12%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $5.11 | $5.20 | $5.09 | $15.77M | 3.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 44376 | $5.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 48941 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IGO (ASX) Chart |
