IMU 8.97% 7.1¢ imugene limited

That is the question I have pulled up the 3 month chart to try...

  1. 12,231 Posts.
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    That is the question I have pulled up the 3 month chart to try to depict the volume numbers so you can see and think on that - people don't like that there are a lot of SOI - but for me it is still a numbers game 3.7 bill was bought largely from 1.5 - 7 cents if you learn the VSa and how to interpret the candles there was absorbtion following that huge candle at the lows - then when the price started to really rise so did the volume - so how much of that was traded or held - thing is atm there is possibly not a huge amount of free float and since we are really breaking out to new highs here well if the price gets away it is likely that people have bought and are not selling and given the breakout currently a couple of things can happen - a high consolidation where they hold the price down to buy or if it runs to a new fib level - the people that take profits will be soaked up - and each of these moves is an opportunity to buy up the pullbacks again - it is impossible to be exact but your on the right path -
    Up here at the high there is little supply to be had unless there are sellers...technically we should move higher on less volume cause there is less supply up here - go and study the wyckoff method it will help you understand the overview - you can find it on youtube there are three lessons that go for an hour or three can't remember but if you can't find it tag me again and I will look for the link -
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    https://hotcopper.com.au/data/attachments/3614/3614533-58df560a0d21598537a478ff6c5ff152.jpg


 
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Last
7.1¢
Change
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Mkt cap ! $519.7M
Open High Low Value Volume
7.8¢ 8.0¢ 7.0¢ $4.930M 66.98M

Buyers (Bids)

No. Vol. Price($)
3 571382 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 1102836 5
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Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
Last
7.1¢
  Change
-0.007 ( 10.7 %)
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Last updated 15.59pm 19/04/2024 ?
IMU (ASX) Chart
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