IMU 5.56% 5.7¢ imugene limited

Sorry just saw this reply after I posted mine, you're right, but...

  1. 740 Posts.
    lightbulb Created with Sketch. 283
    Sorry just saw this reply after I posted mine, you're right, but not taking into account the possibility of Wednesday 28th being the trend change (which is a high possibility given the news).

    The main difference between IMU and the examples shown on the net, is that all bearish pennant examples always include (or "start from") the current low in the pattern, while the bullish pennant always "starts from" the current high. IMU's pennant has started from the high which is why I'm leaning towards it being a bullish pennant and hence a trend change on Wednesday 28th.

    "Typical" pennant examples:

    https://hotcopper.com.au/data/attachments/5404/5404938-3b7b1aae624daa71f8cc159e5a769f6d.jpg

    IMU 1hr Chart:

    https://hotcopper.com.au/data/attachments/5404/5404941-dd73e62724ebf155b344219cf6cc9a80.jpg


 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
5.7¢
Change
0.003(5.56%)
Mkt cap ! $417.2M
Open High Low Value Volume
5.5¢ 5.8¢ 5.2¢ $2.499M 45.00M

Buyers (Bids)

No. Vol. Price($)
2 1921794 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 1368288 7
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.