IMU 0.00% 5.5¢ imugene limited

You are right mate, should of included that, but generally I...

  1. 7,296 Posts.
    lightbulb Created with Sketch. 2793
    You are right mate, should of included that, but generally I wont exit day after, but thats my personal preference. Its a work in progress here, and always tinkering to see what rules to add to get the best results. If we just stuck to those rules, not including my day hold atleast, just entering on day after volume above average and exiting day after it dips below lets see what we would have here:

    IMUhi2.png

    First entry would be signalled 14 then exit at 18.5 (32%)
    Second would be the 23 cents then exit at 23 (0%)
    Third would be the next day at 25 cents exit at 27 (8%)
    Fourth the next day entry at 26 exit at 24 (-7%)
    Next 22.5 and out at 22.5 (0%)
    Next 25.5 and out at .30 (17.65%)

    So you can see even just the simple rule set you still make money 50.65% over the last couple of months, which beats holding it for the last 6months and 12 months. And if you just tinker with the rules a little bit (like always having to hold for more than 2 consecutive trading days) these returns get bigger.
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $404.2M
Open High Low Value Volume
5.6¢ 5.7¢ 5.5¢ $379.9K 6.840M

Buyers (Bids)

No. Vol. Price($)
15 1581916 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 680013 6
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.