IBX 0.00% 7.0¢ imagion biosystems limited

from a proper charting perspective, the IBX chart is actually...

  1. 529 Posts.
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    from a proper charting perspective, the IBX chart is actually extremely
    interesting right now.
    it's been trading the fib levels very nicely from April, been trading in a stable range for close to 2
    months now, and is resting on an important 3 month trend support line.

    in summary:
    - a decent 3 month trend line
    - flattening moving average
    - pretty much perfectly halfway between the 100% and 61.8% fib levels.

    impossible to guess at the moment how it will hold, but the chart suggests we will know the answer in the next 2-6 days from now whether we will go for a big
    run up or have a retracement toward the 0.12 level

    open to any comments!
    https://hotcopper.com.au/data/attachments/2784/2784958-7e296502fc842fea93b00102743f5ba3.jpg
 
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IBX (ASX) Chart
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