Nice charting Super. Spot on with the bollies, certainly are squeezing which indicates to us a new direction is incoming. On your chart , that is certainly valid.
In the nicest possible way, remembering that I’m rude and arrogant and short with people can I challenge the validity of the possible triangle. I think your thinking is right but the triangle just isn’t valid buy a few touches therefore it carries little weight.
As you’ve always been a gentlemen, could I offer the following for you to test out. Now that you’re very capable with bollies, ditch the diagonals. No where near as much significance and full of bias’s.
The bollie squeeze will be the play in the first couple of hours in the morning if your watching it.
Cheers.
IMUGENE CHART. TA only, page-17785
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $382.1M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.4¢ | 5.2¢ | $218.7K | 4.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1122569 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 263870 | 6 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |