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6.1¢ imugene limited

IMUGENE CHART. TA only, page-30588

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tak1

283 Posts.

46

11/03/24

19:30

Post #: 72845703
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Originally posted by dory: ↑

What Is a Failed Break?

A failed break occurs when a price moves through an identified level of support or resistance but does not have enough momentum to maintain its direction. Since some traders look to establish positions when a breakout occurs, in the breakout direction, they may opt to close those trades if the breakout fails.

Failed breaks may also signal traders to enter a trade in the opposite direction of the attempted breakout. Since the breakout attempt failed, the price could head the other direction.

A failed break is also commonly referred to as a "false breakout."

KEY TAKEAWAYS

A failed break is when the price of a security moves beyond a support or resistance level (breakout) but then reverses course moving back below resistance or above support.
A failed break is different than a throwback. A throwback is a short-term retracement back to the breakout point.
Some traders opt to trade breakouts. Other traders wait for failed breakouts, and then trade in that direction (against the breakout).

evening

get ready for a flush out.

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so we can walk the dog?

thanks incredible charts.
IMU Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

1 Great analysis

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(20min delay)
Last 6.1¢		Change 0.000(0.00%)		Mkt cap ! $446.5M

Open	High	Low	Value	Volume
6.2¢	6.4¢	6.1¢	$169.5K	2.731M

Buyers (Bids)

No.	Vol.	Price($)
14	91151	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	317247	12

View Market Depth

No.	Vol.	Price($)
16	212652	0.061
22	1269581	0.060
10	1504414	0.059
12	1021251	0.058
11	1209599	0.057

Price($)	Vol.	No.
0.062	173864	10
0.063	735619	12
0.064	601873	9
0.065	806068	7
0.066	744245	6

Last trade - 10.37am 06/06/2024 (20 minute delay)


Last 6.1¢			Change 0.000 ( 1.29 %)
Open	High		Low	Volume
6.2¢	6.4¢		6.1¢	920434
Last updated 10.49am 06/06/2024 ?

IMU (ASX) Chart

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