I know nothing about charts but ..... if you look at the daily chart 50ma (green) vs 200ma (red), the 200ma is clearly flattening out, slowly.
BUT the 50ma, which has been held back from when we were trading in the 4c - 5c range, is currently being released from that low range and will soon be entirely under the influence of the more recent trading range between 8c - 12c (lets call it on average 10c ....).
The 200ma is currently sitting under 10c.
SO, to me it seems almost inevitable that in the next few weeks (either side of NY) we might see the Golden Cross ...... for what its worth.
IMUGENE CHART. TA only, page-28103
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Last
5.7¢ |
Change
0.003(5.56%) |
Mkt cap ! $417.2M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.8¢ | 5.2¢ | $2.499M | 45.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1921794 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 1368288 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMU (ASX) Chart |