Correct Fid, 50m is one of my indicators.
For other, please note this is one indicator, please use others in conjunction as previously explained. RSI has not be a good one in this case (but a long slow grind up), but MACD, 8 over 20 are certainly looking solid. No chart, slick, Fid and wednesday are all over it!
Just to clarify, 50million is not a randon number that I have 'plucked'. Although it does sound like a lot of volume, it's not!
It is working on 0.5%. When a company has 7.5billion SOI it needs 0.5% traded to move. AIMO, just experience and this is one of the things that got me into IMU, it's an emotional stock which generally means high turn over. Even look at the HC tone the last 2 days, every suddenly gets excited.
As a comparision, I won't put the chart up as it would get moderated. But people like to compare NEU all the time (I trade this one again due emotion and volatility). Look at it's SOI, 130Mill. So it needs to trade at 0.5 %, guess what it does...... 0.4 to 0.6% for the last 6months!! 400-800,000 units.
Keep that in mind people, volume is a great indicator.
AIMO, DYOR etc etc.
Lastly, early days people, SP needs to use steps instead of the escalator!
IMUGENE CHART. TA only, page-34224
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Last
6.2¢ |
Change
0.003(5.08%) |
Mkt cap ! $455.6M |
Open | High | Low | Value | Volume |
5.8¢ | 6.5¢ | 5.7¢ | $1.751M | 28.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 660964 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 549788 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 320000 | 0.061 |
8 | 435316 | 0.060 |
2 | 165000 | 0.059 |
7 | 1686333 | 0.058 |
6 | 1100000 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 100000 | 1 |
0.065 | 428308 | 6 |
0.066 | 1116000 | 5 |
0.067 | 1247888 | 2 |
0.068 | 3350000 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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