Seems that a bit of downward trendline could be forming. Possibility of a descending triangle. IMU needs to break out to the upside soon or it will be down from here. The bearish target would be 25.5c which lines up with the 21EMA & 200EMA region on the daily at 26c. I will most likely buy more at 26c if we get there, hopefully not.
1hr Chart Showing Possible Descending Triangle:
Daily Chart Showing 21EMA, 200EMA:
IMUGENE CHART. TA only, page-17777
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $757.1K | 13.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2203877 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 244428 | 4 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |