Consolidation since the big volumes on 19 and 22 April.Chart...

Consolidation since the big volumes on 19 and 22 April.

Chart remains below the dynamic resistance of the 200-Day MA and the 20-Day MA. Hull MA13, a very short-term indicator, remains bullish.

All indicators except DZ Stochastic remain in their bearish zones (below mid line or zero line).

It wouldn't take much to push higher or push lower.

Watch for a break above dynamic resistance above 200-Day MA and 20-Day MA. That would be bullish.

IMU chart, while below 200/20 MAs is also sitting on Point of Control (LHS of Chart). That could be a major support level.

So, IMU is caught between tight resistance and support.

I'm still of the opinion that big investors are accumulating this stock by buying up big at the low end of trends.

The big rise and big volume on 22 April is obvious. Probably a bit of FOMO money in there too, as traders here are very reactive to changes in price of IMU.

Good luck