I think we are heading to mid 8c to bounce off a long term trend line.
This is what happened in 2020. We had the breakout, then pulled back to 4.5c before continuing on our way.
So if the same thing is to play out it looks like this over the long term.
And zooming in to a daily time frame we are looking at bouncing off the blue box at 8.5c or thereabouts and then taking off. This is also close to the 0.618 fib retracement from the recent move up.
Lets see.
I think we are heading to mid 8c to bounce off a long term trend...
-
- There are more pages in this discussion • 6,980 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.5¢ | $379.9K | 6.840M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1581916 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 680013 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |