The week ahead.
Last week's chart printed a candlestick with a higher high & a higher low indicating what could be a change in the long-term trend.
The TB stands for Tweezer Bottom,yeah I know but I didn't come up with the name, carrying on, the pattern is bullish after a prolonged downtrend. The bears pushed it down to .049 then the bulls pushed it back up the next week cancelling out the previous week's losses.
The MACD histogram, blue bars, has been diverging from price for six weeks now & has proved to be a leading indicator of what could be coming.
Good luck & happy trading & remember, it's okay to be wrong, but not to stay wrong.
imo dyor
Weekly Close price.
IMUGENE CHART. TA only, page-33581
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 (20min delay)
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Last
5.7¢ |
Change
0.001(1.79%) |
Mkt cap ! $418.9M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.4¢ | $461.9K | 8.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1082545 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 603058 | 6 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |