Hi jip123,
Because you have the courage to post a chart and the humility to type, 'Again, Im just a rookie charter ..... Always up for critique!' let me say that in the short term, IMU has overhead resistance sitting at 38.5 cents. It will potentially become a 'buy' again on a close above that level.
How do I know?
I don't.
What do I know?
I know that I am applying a backtested, highly successful, proprietary price-volume technique. Just watch that line and see what happens. I suspect that it will act as stubborn resistance level over the short to medium term.
Just for trivia, I joined Hotcopper on 2/12/2000. I'm into my 21st year of being here. I am into my 25th year of trading/investing. I hardly ever post on here anymore due to the egos. But as I say, your humility caught my eye, so, in return, I have replied.
All the best
.
Hi jip123,Because you have the courage to post a chart and the...
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Last
5.7¢ |
Change
0.003(5.56%) |
Mkt cap ! $417.2M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.8¢ | 5.2¢ | $2.499M | 45.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1921794 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 1368288 | 7 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMU (ASX) Chart |