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IMUGENE CHART. TA only, page-12988

  1. 314 Posts.
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    Low volume of 19M on the asx yesterday. One of my favourite indicators showed up, "the price candle popping off the 8day SMA". Normally I would have been excited, but the RSI is a bit low (47%), I would have wanted it to be above 50% to get exited. The MACD is positive now, so the next 2 days of trading will show the direction. Dow is down 0.34% at the moment, Nasdaq nearly 1%.
    https://hotcopper.com.au/data/attachments/4162/4162562-6200619568e2b59e6a4222c718af3705.jpg
    Daily Chart: MACD is positive, RSI is just under 50% at 47%, Stochastics turned. Last time the RSI was above 50% was middle December 2021. As many contributors have stated, I think sideways is the direction for the moment.
    https://hotcopper.com.au/data/attachments/4162/4162579-b35ecca429f1c12fbcdd4a756bf613df.jpg
 
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