IMM 1.69% 30.0¢ immutep limited

Its been a while since I posted a chart but with this weeks...

  1. 364 Posts.
    lightbulb Created with Sketch. 135
    Its been a while since I posted a chart but with this weeks price action its promoted me to get one up. Looks like that long term accumulation phase has been broken along with the down trend line with good volume. Interesting to note that the last accumulation phase (again between 0.25c-0.30c) between Sep-Dec 2020 lasted 84 days and then broke out the week of Monday 7th Dec 2020 rising from 0.28c to a high of 0.68c and closing at 0.55c volume that week was a massive 119,595,699 and was the catalyst for the move up to the high of 0.72c. Looking at this weeks price movement this accumulation phase has lasted 140 days, and taken the confirmation of the tripple bottom to break-out. 0.37c still seems a point of resistance, 0.33c has held up well as our current support level (unlike previous pump & dumps), if it breaks 0.30c is the next level of support, however I think that our days in the 20's might be over. Total volume for the week was 21,520,389 a fraction of the volume of the last big move in 2020, but encouranging nonetheless. Could this be the catalyst we need for our next move? With lots of exciting data and announcements due in the next 6 months, things are looking a lot better for us long suffering shareholders.https://hotcopper.com.au/data/attachments/5288/5288912-6ccd9074194a32de4ae9265e9cff1733.jpg
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.005(1.69%)
Mkt cap ! $435.7M
Open High Low Value Volume
30.0¢ 30.5¢ 29.5¢ $598.4K 2.003M

Buyers (Bids)

No. Vol. Price($)
12 192353 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 126073 7
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.