Thats how I have read it since I got involved with IMU recently, quite happily more than doubled down yesterday at 33.5c and if there's any more price weakness before the timeline shown in your chart to cross the green bar I am quite happy to oblige the sellers as I think it then heads to new highs which might fit the news pipeline. Yesterday was an opportunity to buy more that I didnt think I would get so quite happy to be honest.
Predicting that cross occurs on or around the announcing of the "high calibre" replacement. You're in the big leagues now IMU and reputations of key appointments make the company. Let's see what happens from here. You get the feels that the financial markets are edging into correction territory right now and cash is being taken out of the market.
IMUGENE CHART. TA only, page-10899
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Last
4.1¢ |
Change
-0.003(6.82%) |
Mkt cap ! $304.9M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.1¢ | $1.607M | 38.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4542680 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 1675759 | 9 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |