IMU 0.72% 6.9¢ imugene limited

Starting to understand what you mean about diagonals, depending...

  1. 730 Posts.
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    Starting to understand what you mean about diagonals, depending how you look at it, it's a totally different story. No volume on the "break" below on yours (or the "break" above on mine ). I've had a re-jig of mine holding more weight on the reversals where volume was high. It makes more sense to me that the trendline would be defined on high volume rather than low. Here's mine, linear extrapolation from the first two high volume reversals based on daily close price, 4th point matches up with the big support wall in order book at 10c.

    https://hotcopper.com.au/data/attachments/6063/6063015-b509f068326af038731e0560a2471d8e.jpg


    Last edited by GinoE: 27/03/24
 
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