A weekly close above the previous high of 2.8 bodes very well for a confirmed technical breakout and momentum to continue.
Nice that we had a little shakeout back to 2.6 earlier in the week to get rid of some weak holders.
Buy sell ratio remains very strong 100m/30m
RSI by no means extremely overbought.
Notice on the chart two previous occasions when the price jumped up thru the upper Bollinger band.
November 2016 broke above 1.0 and within 4 weeks 100% gain made to 2.0c
Again , October 2017 broke above 1.7 and within 6 weeks a new high of 2.8 made for a 65% gain.
Quite probable we can reach technical targets of 4.3 and 5.3 within a matter of weeks .
And yet still be fundamentally very cheap for the science that has been developed.
![]()
- Forums
- ASX - By Stock
- IMU
- Weekly chart
Weekly chart
-
-
- There are more pages in this discussion • 196 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMU (ASX) to my watchlist
|
|||||
Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
5.2¢ | 5.3¢ | 5.1¢ | $525.2K | 10.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 92800 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 1045565 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.052 |
31 | 3304831 | 0.051 |
67 | 5510210 | 0.050 |
18 | 2192645 | 0.049 |
21 | 798435 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 1045565 | 9 |
0.054 | 3292324 | 10 |
0.055 | 791261 | 7 |
0.056 | 2579035 | 12 |
0.057 | 509484 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
IMU (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online