Hmmm struggling with this one personally. The weekly "death" cross was many months ago (during a massive sell off) and since the breakout has been followed by higher lows and higher highs on the 50ema (still going up). It takes a consistent amount of strength to move a weekly 50ema. Then you showed a far more recent time frame (daily) showing the "golden" cross followed by a retest (or roll over) testing support. All seems pretty normal? We are coming out of a 2 year bear run, it's not like the market is going to change their mind overnight, people are going to sell. Am I missing something here?
Looking forward to when the pros here just stick to what they are good at rather than arguing, as we all learn a lot.
IMUGENE CHART. TA only, page-31062
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5.1¢ |
Change
-0.004(7.27%) |
Mkt cap ! $373.3M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.0¢ | $1.762M | 34.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 673000 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 885816 | 4 |
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| IMU (ASX) Chart |