@GinoE
If you look at the chart I posted , you will see that the SP hardly even traded above the 8ema therefore the attack on the 20 ema was pretty soft which indicates that the move was a bit lame.
Also the 5/10 min charts weren’t really firing off . (I may have missed some action as was focusing on another stock )
The only time I’d enter early Gino is when the angle of attack between the 8/ 20 was aggressive on a bit of volume. Otherwise it needs to have conformation. IMO
Cheers
IMUGENE CHART. TA only, page-32261
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $757.1K | 13.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2203877 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 244428 | 4 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |