IMM 7.41% 29.0¢ immutep limited

well down trend has finished as every ones already aware lol,...

  1. 1,032 Posts.
    well down trend has finished as every ones already aware lol, gap didint get filled but in this case i loose, and for all the people who dont even care about gaps thought i was crazy... well, you were right!

    a bottom was formed with 12mil in volume right near a long trending support.

    14 was tested, 14 was broke.

    down trending chanell @ 15 was tested, which allinged with 23% fib retrace @ 15, a significant resistance on a bounce.

    bounce was waiting for confirmation. market indicision was showen when a doji was formed right @ 15

    bounce confirmed when 23% fib retrace and down trending resistance was breached, which is enchoraging due to the increasing volume with 8mill shares traded.

    the 50% fib line saw some sellers in the arvo closing the price for the day on the 38% fib line @ 16

    now that i missed the boat with the bottom pickers on it, i will join the boat where the re-testers are awaiting departure.

    i will be looking for a position at 15cents, call me crazy i may even take one at .155

    17 through to 19 will see alot of selling all depending on news flow of corse..... i mean this is why the stock is rising in price..... on speculation of good news.

    good luck to all, i wish i got in at 13 but i had my buy in at .125 ......thats why i may take .155 and not .15 ahahaha cause im generally wrong!



 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
29.0¢
Change
0.020(7.41%)
Mkt cap ! $421.8M
Open High Low Value Volume
27.5¢ 29.5¢ 27.0¢ $1.138M 3.985M

Buyers (Bids)

No. Vol. Price($)
2 63444 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 65000 2
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.