Well its been a minute... But I must admit the 12 monthly is...

Well its been a minute... But I must admit the 12 monthly is looking extremely interesting..

This stock has consolidated perfectly in the current zones.. IMO this stock is being very tightly held between mid 9's to 12 cents...

Long term perspective from a 12 month chart looks like this stock is ready for some serious re-rate if a serious announcement comes... so much accumulation within the current levels.. honestly if the RSI has a serious gain, its game on any time... eventually this is going to burst surely...

12 month chart for those interested..



Momentum for IMU is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.
Bollinger Bands are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend.

Personally this will spike so hard and fast if something worthy is announced, being that so many are holding in this current zone, I think the spike will be dramatic and pull back fast due to short term holders/traders taking profits, then settle for another similar accumulation moment at higher levels... in saying that, who knows as anything worthy announced will take a moment for the market to dissect and re value the company.. IF I was to take a serious punt, I honestly believe this stock is being strongly accumulated in this zone for a reason... something is coming for IMU in 2024... big boys taking strong holdings over and over, rinse and repeat... getting tight now... will explode any time soon IMO..

getting tight... tighter than a _______ nasty (insert your own answer, I don't want to get moderated .. )