IMU 0.00% 10.5¢ imugene limited

Evening allGreat to see so much commentary and new posters to...

  1. 757 Posts.
    lightbulb Created with Sketch. 631
    Evening all

    Great to see so much commentary and new posters to the thread sharing their charting knowledge, I dontt have much to add on the GAP discussion but to say I think the rule is that all GAP's close eventually but there are no time constraints on that...I wouldn't be surprised to see Gaps on the AAPL chart from early days that never closed if you look back far enough....there is also the exception if a company ends up de-listing from a T/O biggrin.png one things for sure...we can all be Gay & Proud to be Imugene holders at the moment.

    I noticed some similarities from the last run from 5.5c to 14 and thought I'd share them with you, doesn't mean this run will play out the same way but could help any nervous nellies understand what's going on if they've just joined the party

    This first chart is an hourly from the previous run in late November, notice the pennant formation before the breakout and the MACD looking like it was about to cross just prior
    https://hotcopper.com.au/data/attachments/3074/3074497-7cf0c100ca17e9022050b61d8e851c99.jpg

    This chart is the hourly again showing the last few trading days the you'll notice todays session formed a pennant and the MACD looking like its wanting to Dip very similar to the pennant in the chart above.
    https://hotcopper.com.au/data/attachments/3074/3074504-8f7c0e8f661840b03dceaf998edd1c07.jpg
    At 3.49 today there was a buyer Line wipe around 2.5m shares at 16c...looks to me like there is still accumulation taking place although I am quite green when it comes to reading the Tape/Order Flow maybe
    @slick can comment further on that.

    The daily chart in Logarithmic scale puts things into perspective (in % term's) to see where we are in this run compared to the last breakout, far from over IMO.

    https://hotcopper.com.au/data/attachments/3074/3074725-48fefe1ab68fefd9450ce190bfabfc71.jpg

    Strong day for the whole ASX today lets hope it continues long enough to push us up into the 20's

 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.000(0.00%)
Mkt cap ! $768.4M
Open High Low Value Volume
10.5¢ 10.8¢ 10.0¢ $746.7K 7.120M

Buyers (Bids)

No. Vol. Price($)
176 10004604 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 420568 8
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
10.3¢
  Change
0.000 ( 2.40 %)
Open High Low Volume
10.3¢ 10.5¢ 10.3¢ 1930285
Last updated 15.59pm 28/03/2024 ?
IMU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.