Michaeljob
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Potential break from 0.5 Fib and prior resistance

ASX:IPT   IMPACT MIN FPO
Prior move appears to have consolidated on declining volume at 0.5 fib and prior resistance.

If it's going to move then this should be the key level.
Hi Michael, what do you make of the price movement on Thursday / Friday last week? To me it looked oversold and at the beginning a potential reversal - interesting doji on Friday.
Cheers, Steve
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@Steevie, look at the volume on the hourly, the dominant direction was to the upside with a few small sells to bring it back down, I'd be looking to see that overhead gap close in coming sessions. To go much further they will need to produce some nuggets from the Pilbara
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Steevie Michaeljob
@Michaeljob, Thanks Michael, I'm keeping an eye on it. It's curious that the gaps always seem to get filled - watching and waiting.
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