IMU 1.89% 5.2¢ imugene limited

Charts Plus, page-64

  1. 12,275 Posts.
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    Evening All -
    Ouch I hear us all say -
    I guess the question is how many shares have been bought up and held ?- given that we have 3.6 bill on issue - a good half or so by the looks of the recent volume - Which is def dropping off so perhaps the mop up is almost done think about it...
    A consolidation and a US listing yep I wouldn't argue that it might happen at some point - but just a few chart thoughts - @slick you know this inside out and I agree that 'gap' may have a visit -
    However it is closed by the wicks technically - but they might just do a fast attack down there - hard to say - it will be a good thing if it does- as that will shake out anyone who is nervous - a fast spring off that low will confirm that is the bottom- ( no guarantees in trading of course though)
    We are really sitting on a strong support level here though -
    And as someone pointed out after the last raise the SP was pushed down to the previous support so perhaps a shakedown which is happening- and a bit of time along the support line for now -
    But this is respecting it's structure as it did previously -

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