It was awesome last week watching all the green bars being printed on the lower time frame charts and closing some solid trades, now just to be patient with the retrace and trust your indicators to display a reversal.
8ema has already crossed below the 20ema on the hourly.
A natural retrace is healthy after a boom week like the last but the splurge in hedges is a bit concerning for me. Don't try guessing the bottom with that happening, we're under another agenda and charting retrace levels get thrown in the bin. Just my opinion.
Cheers.
IMUGENE CHART. TA only, page-26679
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Last
4.6¢ |
Change
0.001(2.22%) |
Mkt cap ! $342.1M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $906.2K | 19.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 9543864 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 1266571 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IMU (ASX) Chart |