To me the pressure is still downwards. Can't see any real upwards move up without some trial progressive news.
Like sitting on a powder keg - if there are still shares to be distributed. Just wait, wait until enough buyers line up at the next two levels down .... then whooshka, the volume has trebled in a matter of minutes and a few million shares are out the window - reckon they can get rid of as many as they like between 13.5/12.5.
Good part is someone is buying them - hopefully someone who believes in the future and not pip trading.
[That is my TA. Probably not acceptable, but I'll cop the flack.]
IMUGENE CHART. TA only, page-21850
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $140.2K | 2.604M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 694733 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 444735 | 15 |
View Market Depth
| Last trade - 14.38pm 01/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |