Hi i think you need to reread what @slick actually posted and his subsequent posts for context.
His main points below havent been wrong
1, SP needs to have closes above that yellow 8ema and
2, That yellow needs to cross above the red on MACD.
the advice may have been just a bit more negative in hindsight(RSI in this case was way oversold on the daily) and there was a previous support line that held but thats about it that i can see at least. In fact, if you had followed slicks advice you wouldnt have lost out on much of the run up in this case. No one can get a 100% strike rate on highly liquid volatile stock like this one seems to be
If we can keep this trading thread more positive and TA focused this would be a whole lot more constructive and easier to read and learn
IMUGENE CHART. TA only, page-26896
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5.9¢ |
Change
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Mkt cap ! $431.8M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.6¢ | $1.037M | 17.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1882949 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 399643 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1874329 | 0.058 |
9 | 1728227 | 0.057 |
23 | 4466894 | 0.056 |
27 | 3648665 | 0.055 |
8 | 305000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 1360 | 1 |
0.060 | 2622845 | 17 |
0.061 | 773907 | 4 |
0.062 | 2227969 | 6 |
0.063 | 243179 | 3 |
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