G'Day Guys, i've been holding imu for over a year now and love the TA input and am having a little play around myself so forgive me if i'm wrong but just trying to have a crack. The 50EMA (Blue Line) has shown as strong support and resistance over time as you can see. We briefly touched it in the thirties and have now come down to retest support at the 25-26c area which isn't a bad thing provided we see a strong move North. All just my learning but my question is, is this a pivotal part in terms of the direction of this stock, IMO if we bounce of resistance and break above the 50 EMA we have confirmed a reversal but if we break lower we could see 22c and lower?
All new and learning so take with a grain of salt but feedback is always appreciated,
Cheers
G'Day Guys, i've been holding imu for over a year now and love...
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446526 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 535664 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
||||
| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IMU (ASX) Chart |