IMU 0.00% 5.9¢ imugene limited

If the 8/21ema had crossed before the gap up, would have you...

  1. 740 Posts.
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    If the 8/21ema had crossed before the gap up, would have you been more inclined not to sell? Cause the SP was under the daily 21ema/bollie median line too. I was wondering if that was part of it.

    Also thought the same about the announcement, plenty of nothing happened in the past on the back of similar ones. Still struggling to act on those impulses though, sounds like experience is key. I seem to be identifying good buy zones but struggling to take any profits until most of it is gone! haha.

    Selling happens far faster than buying though . Is it just the nature of a stock where the SP is under most of the moving averages on the larger time frames? I wasn't following any TA really when IMU was booming initially but I assume it was the opposite. Traders must be keeping the reins close until the ball and chain has been cut and the moving averages turn around on the main time frames.
 
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