IMUGENE CHART. TA only, page-33923

G'Day Gents, hope all is well? Thx for the tag Fid, Haven't read the whole thread, so not sure of the text?
My summary is.....sit on ones' hands. There are only 2 positive indicators for me at the moment and I like 3. Those being that the candle had a good close above the median and that MACD is looking promising. RSI is undetermined and volume is still weak (IMO), note the average for volume is still only 24.7mil, I'll sound like a broken record, this needs to be around 50mil for any movement. And for movement to occur it needs a catalyst (larger player to enter or a Ann - which will happen soonish). 25mil is just retail, and possibly half of that is traders. There is a trade to be had with this at the moment between 5 and 6. But also there is good reason to buy for a LTH, I did add a small parcel last week at 051. But as I say I'm not watching IMU much these days, just being patient and traveling. 051 was based on the retest of lows a few weeks ago, the candle patterns were showing signs of bottoming.

Note the chart below, the average line, but also that the BB's a pinching, so I would expect a test of the top BB now at 059, but maybe this will break out, or trade back down to 05. I do like the angle of the 8 toward the 20, but slick knows more on this than I.
Also as a caveat, the market (VIX) is all over the shop, so I'd also say that there is a 25% chance that this could test 039 again (I've got one bullet left for if this to occur). Hence my statement 'sit on ones hands' waiting for a clear indicator (3 in my case, and we'll be off again to 10c, or maybe dingo's 15 call?)

Enjoy your weekend, cheers
PS, I'm still learning the new Iress, sorry it's not clear as I'd like yet (software issues)