So have you got a stop loss in place? Bet you haven’t . I’ve never used one in all my years.
Check out the volumes on the sell downs over the past two days let alone the downtrend which is over a month now.
Mate this isn’t a little stop loss hunt for the very few holders that had one in place.
Plus, if anyone was on the ball with stop loss levels then .098- .099 would have been it. And that’s near 10% ago.
Don’t get sucked in by fancy sayings, IMU’s market depth is so liquid with supply meaning that it isn’t tightly held so any negativity can have a strong effect.
What you need is something positive because it can move the other way just as fast.
Cheers.
IMUGENE CHART. TA only, page-31257
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.8¢ | $253.1K | 5.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 8154461 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 4975553 | 36 |
View Market Depth
| Last trade - 14.48pm 03/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |