Hi Gino,Tell ya the truth, I am not really watching IMU this...

Hi Gino,
Tell ya the truth, I am not really watching IMU this week. It's had it's day in the sun and needs to settle, IMO.
So I have two alerts set for movement, 10 and 13, break either of those and I'll start watching it again. Just had a quick look at IMU chart for you. There is nothing there of interest. Volume is almost dead and RSI is in a channel on my chart for 2 days now (40-60), so not expecting much movement. Not sure why your chart has an uptrend? RSI needs the emotion/strength in either direction, which it has neither now. 105 does seem like a floor is building, but tenuous, maybe, but it keep hitting it. But it's broken previously, soooo?
On another note, 15 or 5 mins are good for intraday trading, quick flips, etc. 30min and 1hr are good for daily trading (1-5days). 3min is too reactive (don't use), and 8hr (day) smooths out alot of noise, so you need to have a few windows open at once to get the best picture. And I note slick often displays the 1hr too, but I think he watches the 15/30? Me 5/15 for my intraday. Find what works for you.
Previously mentioned that we are due a pull back, and stated the upper BB or maybe 8ema. The SP is gathering itself around the upper BB now, hopefully hold given the psychological 10 barrier. If it breaks look for 09. Upside, first stop/break is 15. Hence my alerts, one needs to sit back and just watch now until something changes. Break 10 or another PS Ann.
Left field, I am expecting the markets to do ok for the next couple of months, including the BIO sector, unitl the FED breaks the system. So trading should be profitable.
AIMO, DYOR, etc. Best wishes.