Well there's our long term 423.6 fib hit, well done folks.
I would like to see a breather here, even a decent retrace, however bear in mind that this is primarily a fundamental move so it's not as critical as if it was a technical move. Some sideways price action would be very much welcomed until the next news announcement. Just FYI the next fib target extension in line is on the table at 65 cents - the seldom used 685.4%.
Fundamentally we will reach that in no time, relatively speaking. Technically it needs a breather, unless we rerate off of news again. At the moment a retrace is not clas critical as news is driving the price and continues to bring in big money.Be ready to see your paper gains retract somewhat when retrace time comes.
IMUGENE CHART. TA only, page-925
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Last
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $334.7M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.5¢ | 4.3¢ | $732.0K | 16.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1799587 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 1003772 | 13 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |