Nice bullfalg. Have had to dump the bottom TL a lot.
V noisy on D especially. The W is necessary to understand
So can see it's broken north of the wwaitline and is being squeezed. WHen it starts breaking lines, I'll think about buying again. BBut you could play taking =pips between them if you were so inclined.
Having stabilised, with volume easing and price contracting, any sniff of positive news or volume should see the base break up and hard imo
Has been at accumulation stage for some time but getting set and ready to move higher. #dyor
Last dauly candle and volume looks good for IBX shareholders. Another candle like friday's makes for a good entry. Next major support is low 7 cents area so expecting a bounce here.
Back on watchlist for a swing entry.
Unexpected Qtr results for IBX- lack of patients for testing. Punters believe this may keep the price down in the lower 9.5-11c range for a while yet until decent tests are conducted in future. This stock was always going to be a risky stock, but has a good following and may hold up above 10c. Watch the next week or so.
I'm seeing a short term ascending triangle with resistance at 15c (dating back to 5th July 2017). Since then I see a massive Cup formed with the recent test of that old ATH on 24th November 2020. I am interpreting the current ascending triangle to be part of the Handle forming for another assault on resistance at 15c. If we get a close above 15c its bullish and...
