IMM 0.78% 31.8¢ immutep limited

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  1. 14,981 Posts.
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    Well spotted eagle.
    So the largest sellers were approximately 24k each and the smallest around $1,920

    They aren't big numbers, obviously.
    A healthy retrace is, well healthy. At some stage you need to clear out some stale holders, allow new holders to come onboard at lower levels, with higher exit expectations, and new buyers to buy in on the rise.

    A lot of my trades I enter conditional orders, so if a sp drops to say 12c from a high of 16c, I set my buy at say 13c because it may be confirmation of a reversal

    Anyway time will tell.
    Also, one can often look at oppies, to see the underlying strength or weakness expected in the heads.

    The oppies have a very strong buy depth below and hardly anyone willing to sell above, which to me, indicates strong support for a move north on the heads or at least a bottoming out.

    And a bottoming out represents opportunity. I think we are due for a rise, as buying now may indicate.

    Cheers,
    Wilson


 
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