Charts Plus

“Respect the hype, trade the hype but whatever you do, don't believe the hype”.
Dr Seus.

So, let’s look at a pretty low tech chart, hopefully Mirren will come in with the real thing.

I’m pretty bullish at the moment, did you know that the IMU sp was up 107% on this time last year?  I’d be pretty happy if we could just repeat that providing we have a healthy range along the way.

I’ve got support at .028 and resistance at .031 so really need to get through that and .032 to see a real break. To help it, MACD is very healthy and RSI is also pretty neutral.  I’ll be selling 10k’s worth the minute either of those waiver whatever the sp is.
Over three months we are above average volume so interest is gaining momentum.

Hopefully Mirren will come out and blow my rubbish to the shisenhousen but that’s the way I’m seeing it and will play it.

Last year was fantastic, this year could be spectacular, whose playing?

Cheers

Tap to enlarge.