I understand, but you also need to understand markets on a deeper level and how they are manipulated. This is my reasoning for a move also backed by a health price chart on IMU as of late which favours a move in either direction and I'm thinking up. whales never want to cause a scene when they are exiting or accumulating but they can't keep it hidden for too long. so speculation but today may be an quiet and orderly exit for someone most likely issue is they try to stay quiet until they can't and that's what creates the big volume you speak of. But something in boiling and to me it looks like it wants to reclaim 4c and go from there most likely north.
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1.2¢

I understand, but you also need to understand markets on a...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $89.60M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $140.7K | 11.61M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 9000852 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 6923007 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
49 | 8984186 | 0.012 |
49 | 12950641 | 0.011 |
67 | 25218374 | 0.010 |
17 | 3643042 | 0.009 |
9 | 2663499 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 6923007 | 25 |
0.014 | 7952040 | 31 |
0.015 | 8596367 | 30 |
0.016 | 7393011 | 30 |
0.017 | 12265156 | 16 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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IMU (ASX) Chart |