Not sure about a tree shake, it was done on pretty strong volume. And Gmund has called it accurately, the chart hasn't looked that strong for a few sessions now. The candles prove it regardless of what anyone else is spruiking and MACD backs that up as it's looking to cross to the negative.
Throws everyone's flags out the window, the only pattern left is the good old ascending triangle. But regardless of any "so-called" patterns, PA rules and there'll always be opportunities.
It's interesting that the sector couldn't hold it's breakout. Shame.
PS Eileen, if your order at .099 gets hit then it goes a lot lower. Not many stocks break below the magical 10 cent barrier without testing a fair bit lower.
Shorts / Hedge
Cheers
Go crypto!
IMUGENE CHART. TA only, page-30483
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Last
4.6¢ |
Change
0.001(2.22%) |
Mkt cap ! $342.1M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $906.2K | 19.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9543864 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 1266571 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |