IMC 0.00% 10.0¢ immuron limited

Polishing a t@rd, page-5

  1. 267 Posts.
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    Some glimmer of hope is that IMC has a Relative Strength Index at the lowest level for more than 5 years indicating extreme negative sentiment and therefore a possible sign that selling is about to become exhausted. Another potentially encouraging technical indicator is that price is outside the Bollinger bands for the fourth day which is something not seen even when the price has spiked wildly. Price should be expected to return to the mean i.e. up a bit.
 
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