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5.6¢ imugene limited

Great analysis from me, hope you're right on this one! I'll be...

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GinoE

740 Posts.

283

01/06/23

06:26

Post #: 68068671
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Originally posted by Fid: ↑

Well that's May gone, done & dusted thank goodness.
The last session for the month was unusual in that 10c was totally rejected in the first 38 minutes of trading.
Across both platforms there were 1080 trades of 20,944,917 units and of those only 2 trades of 18,880 units were for 10c.
Take from this what you will but imo and experience when a price level is rejected in such a manner either at a top or bottom it is significant.

The plot shows an increase in volume from the last few months and I would posit that this is capitulation.
The MACD histogram is rising while price is falling hence a divergence is in play.
dyor, imo and all that

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Great analysis from me, hope you're right on this one! I'll be looking at the 11.5c level for confirmation. I see there has been some selling in tech today around the AI boom stuff. If the selling continues the money will have to move into other sectors, could the money move into biotech? It would be a worthy candidate considering how neglected it's been within the market. Money was moving there today anyway.

IMU Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

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(20min delay)
Last 5.6¢		Change 0.000(0.00%)		Mkt cap ! $409.9M

Open	High	Low	Value	Volume
5.6¢	5.7¢	5.5¢	$539.7K	9.613M

Buyers (Bids)

No.	Vol.	Price($)
3	342857	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	571794	6

View Market Depth

No.	Vol.	Price($)
3	342857	0.056
29	5379257	0.055
12	1031301	0.054
14	833649	0.053
13	1225114	0.052

Price($)	Vol.	No.
0.057	571794	6
0.058	2019217	12
0.059	1441990	12
0.060	1822123	16
0.061	524330	5

Last trade - 16.10pm 19/06/2024 (20 minute delay)

IMU (ASX) Chart

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