Agreed slick, monday we needed a green candle to confirm. Then I was hopeful for yesterdays' lunchtime rally, 20m, but not enough to carry the SP. Re chart: thought the same last night with the 3 candle wicks. Such a shame. If it was one of my trade stocks I would have sold on that and not waited until today. Deja vue for IMU. I see this might occur 1-3 more times now, until a blockbuster Ann! There is 2 problems with IMU and why the SP won't hold a climb in SP. 1. SOI, whilst it is large, it needs continues days of 50m volume to kick it along. However IMO, it is Bio and they need the cash to keep the 3 tests going. 2. P***ed Off retail shareholders that just sell into each rally. And the more this churn occurs the more everyone knows to sell at 044.
Dissapointed, but comfortable to hold. It's not the science holding this back now..........
IMU Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
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