IMU 6.78% 5.5¢ imugene limited

IMUGENE CHART. TA only, page-979

  1. 1,390 Posts.
    lightbulb Created with Sketch. 10525
    We've got a short time frame double top, so if we don't bounce soon then it's certainly looking like we might finally get a decent pull back, hopefully we'll get to 0.33 or so.
    This could also just be the first bounce of an ascending wedge to squeeze the bears into a breakout higher.
    The strongest immediate support will be the e21 on the hourly. A close below this will signal the bears for some profit taking and a more decent breather.
    The 0.33 fib zone should be a great trade for anyone who is inclined that way or looking for a fairly de-risked second entry point. Not saying it's the bottom, (don't try to pick the bottoms.) however it's a fairly strong fib combined with the hourly e55. Keep in mind it's a support zone so it may bounce before it gets there.
    Enjoy your weekend folks and I'll catch you Sunday evening or Monday morning.
    https://hotcopper.com.au/data/attachments/3199/3199240-5afdf43ada514e07d19a5548e18ec2a4.jpg
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
-0.004(6.78%)
Mkt cap ! $402.5M
Open High Low Value Volume
6.0¢ 6.1¢ 5.5¢ $2.515M 44.29M

Buyers (Bids)

No. Vol. Price($)
12 819340 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 515951 4
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.