IMU 7.14% 7.5¢ imugene limited

Eileendover, I support slick's statement above. IMU is just not...

  1. 695 Posts.
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    "Select a sector that’s moving then pic your favourite Bluey in that sector . You only make small amounts but you will learn so much quicker and be able to hone your system and rules."

    Eileendover, I support slick's statement above. IMU is just not a traders stock at the moment (except maybe shorters), actually it turned 3 weeks ago. I posted when it topped out at 12, and since confirmed on the weekly, last week! It is still not a TA buy on the daily or weekly. But if you are a LT investor, then this pull back does not matter, but I believe you want more out of your portfolio in the shorter term? This is another whole discussion, so moving on.

    There are plenty of sectors and stocks to play with at the moment, especially in this mini bull market. Hone your skills during this time and it will stand you in good stead for any pending bear market and / or stock. Anyone can chart and make money in a bull market, but a bear market is when you earn your money!
    If I may add to slick comment?,
    Look at what is 'hot' in the market. This will drive emotion and fast moves (e.g. FOMO). Currently, Au, Ag, Cu, BTC, etc (not advice, just examples).
    Start with small trades.
    Look for volume traded stock, so that you can get in and out, easily.
    Find the BEST three charting tools that work for YOU. e.g. BB's, Candles, RSI, MACD, Fib, Volume, MAs, Clouds, etc. There are many specialists on this thread to assist with questions that you may have, just ask each individual that display their craft with detail, not the peanut gallery (trolls).
    Set your expection in dollar (or cent) gain or percentage gain. Be happy with what you achieve. That is, don't chase and extra pip or two in excitement. There will always be another pull back to re-enter if appropriate.
    Treat a stock as just a three letter code, remove emotion. Stick to your 'honed' chart techniques to find entry and exits. e.g. Yes IMU may cure cancer, just not in Mar/Apr24 as many expected, there's still aways to go.
    Aim for 80-90% positive trades in a bull market, you'll never get 100%. 70% in a bear market. If you CAN NOT achieve this, then trading is not for you, and invest only. This is not advice, but AIMO.
    Treat trading as a profession, it is a job and you have to commit the effort to succeed. Many don't and think 'blogs' done it, can't be that hard.
    Lastly, don't listen to social media or forums. DYOR.

    That the above as just guidelines, not financial or trading advice, it is just what I suggest to a few of my friends starting out, but with more detail and SMS/Ph help when required. Good Luck.
    Sentiment, TA hold, FA Buy.

    Lastly, don't bother looking at my profile to find stocks that I am trading, as I do not comment or provide charts on HC for my trading stocks, personal rule. Can't be called a ramper then, and yes I used to trade IMU for a couple of years before I started posting on here, but that's when I wanted to go long, got serious about living and not trading for a living anymore. no offence to others.


 
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(20min delay)
Last
7.5¢
Change
0.005(7.14%)
Mkt cap ! $548.9M
Open High Low Value Volume
7.1¢ 7.6¢ 7.1¢ $1.896M 25.79M

Buyers (Bids)

No. Vol. Price($)
9 3194318 7.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 331280 7
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
7.6¢
  Change
0.005 ( 6.34 %)
Open High Low Volume
7.1¢ 7.6¢ 7.1¢ 15199158
Last updated 15.59pm 10/05/2024 ?
IMU (ASX) Chart
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