IMU was the little engine that thought it could this week but hasn't made it yet.
As a long timeframe trader, I'll watch with keen interest if 10c breaks and re-tests with strength, otherwise 7.5c and below is still in play, which is still higher odds in my view off the back of economic woes existing and imminent.
Price is testing 10c on the weekly.
RSI still struggling and hasn't tested the previous low yet to truly indicate reversal.
MACD trying to cross but still a spider-man long way from home.
I believe capitulation is yet to come.
IMU was the little engine that thought it could this week but...
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $373.3M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.2¢ | 4.9¢ | $1.384M | 27.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1302118 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 528865 | 4 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |