Australia's largest stock trading and investment forum Australia's #1 stock forum

IMU

Click for more information

6.25%

6.0¢ imugene limited

Hi Slick,What im using at the moment is pretty basic as you can...

First 31858 Last

Share
Profile

Follow
1MRX

215 Posts.

14

24/04/24

21:26

Post #: 73505987
Share

Originally posted by slick: ↑

Nice breakdown there of the lay of the land, you’ve been all over this since posting that the daily wasn’t looking good over 6 weeks ago.

Theres certainly more indicators weighing the SP down than there are pushing it up. The key for me as mentioned was yesterday’s dojo candle. That was kind of a weak response from Monday’s candle , especially to finish the day flat. Therefore today’s lower high lower low doesn’t present that well.
Added to that, the intraday sideways dance is just annoying .
I know I’m talking it down but I’m not trying too but what I said in my previous post was important. After such a big jump from a strong sell off, I think it needs a bit of time to settle, let some indicators catch up and then let’s see.
Personally, I’m just waiting for the smaller time frames to set up again where we can identify a trend towards the next move ( either way). The sideways stuff gives us nothing.

@h00ts can you help a couple of battlers here.

Cheers.

PS how many punters here have orders in the buy queue? It’s not a safe tactic guys .

Expand

Hi Slick,

What im using at the moment is pretty basic as you can see, with only adding the 8 - 20 EMA in the last couple of weeks, before that i think it was the default EMA setting.

IMU Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 939 more messages in this thread...

First 31858 Last

Add IMU (ASX) to my watchlist

(20min delay)
Last 6.0¢		Change -0.004(6.25%)		Mkt cap ! $439.1M

Open	High	Low	Value	Volume
6.4¢	6.5¢	5.9¢	$2.751M	44.93M

Buyers (Bids)

No.	Vol.	Price($)
9	1171830	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	1188733	16

View Market Depth

No.	Vol.	Price($)
9	1171830	0.059
28	4470577	0.058
11	1566891	0.057
10	1360730	0.056
23	1515897	0.055

Price($)	Vol.	No.
0.060	1188733	16
0.061	527385	3
0.062	1877633	7
0.063	1382841	6
0.064	753615	5

Last trade - 16.10pm 04/06/2024 (20 minute delay)


Last 6.0¢			Change -0.004 ( 6.25 %)
Open	High		Low	Volume
6.4¢	6.5¢		5.9¢	22305109
Last updated 15.59pm 04/06/2024 ?

IMU (ASX) Chart