Yeah, I agree with you and on a broader scale, I believe always skewing to the downside is a by-product of a long and severe downtrend. It’s takes a while to turn the ship around into a solid uptrend where the skewing will be on the upside.
Hate to say it but it’s also a by-product of a high SOI stock where at every cent or so upwards there is just so much supply not to mention “trapped” supply.
You ain’t going to see a CU6 style run here. (Worth taking a look)
Cheers.
IMUGENE CHART. TA only, page-29695
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Last
5.7¢ |
Change
0.003(5.56%) |
Mkt cap ! $417.2M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.8¢ | 5.2¢ | $2.499M | 45.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1921794 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 1368288 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMU (ASX) Chart |