IMU 4.35% 4.8¢ imugene limited

Getting down to the nitty gritty now & while it's unlikely the...

  1. Fid
    2,457 Posts.
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    Getting down to the nitty gritty now & while it's unlikely the chart can turn this around on its own without any news, it's not impossible.
    Price is getting close to where some serious bank was made at (1), late 2023. Those who were lucky enough to get it right then, will be looking to repeat the same trick, that's why these areas are called support, or demand, on the way down.
    There's a gap to fill which I'll leave Slick to comment on should he wish to as I don't do gaps.
    The support/demand at (2) will be getting stale by now to be of much use although there will be some, considering the big run up from there.

    It's a long shot but the MACD histogram can't make up its mind what it wants to do & as Dory points out it has levelled off, so there's that also.
    I've checked the toner & yes, there's white ink to paint the PARSAR indicator white when the time comes
    Good luck for the week ahead & happy trading.
    imo dyor not advice.
    https://hotcopper.com.au/data/attachments/6248/6248860-0181b5debdef0964f9de1f4a853f84e9.jpg
 
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Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
IMU (ASX) Chart
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