Traded this a few times, walked away due to trends being broken, but this is now looking messy..
Must admit I didn't think IMU was going to go below 9cents, support did look strong in that zone... fell through the 8 cents support... obviously the fundamentals to some degree is smashing the SP here... High return revenue streams must be pushed out too far????.. something is yuk...
been off the IMU trading for a while, just attempting today to make some sense of it.. surely you guys aren't going to hit 4 cents again????
RSI is in the heaviest oversold territory I have seen for IMU...
Whats going on??????
IMU Price at posting:
7.2¢ Sentiment: None Disclosure: Not Held
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