A dragon fly would indicate a trend reversal. A double dragon is a rare sight, but still indicates a trend reversal. As we have not been in a trend since the lows of 4c (we've been ranging sideways since the news spike) then there is nothing to reverse, but it still adds pressure so that it will likely come in the form of a breakout. All indications from my point of view are to the upside, I had a standby bear signal a while back that never eventuated, but ever since bouncing off the 61.8% news spike fib the bias is towards the upside. This has only gotten stronger and stronger. A daily close over 11.5 and we will see some interesting movement. I'm watching it like a hawk.I should add that I place little value on candle patters. It's everything else that is ready to roll
IMUGENE CHART. TA only, page-29933
-
- There are more pages in this discussion • 4,166 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMU (ASX) to my watchlist
|
|||||
Last
5.4¢ |
Change
0.002(3.85%) |
Mkt cap ! $396.8M |
Open | High | Low | Value | Volume |
5.2¢ | 5.4¢ | 5.2¢ | $332.9K | 6.302M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 539790 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 1243558 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 539790 | 0.053 |
16 | 2365932 | 0.052 |
38 | 3917674 | 0.051 |
69 | 5785229 | 0.050 |
17 | 2359427 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 1243558 | 12 |
0.055 | 1844574 | 11 |
0.056 | 3114256 | 17 |
0.057 | 446030 | 6 |
0.058 | 800800 | 6 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online