Cheers Slick.
I agree with your analysis...not likely to see 14c in the short term, I favor a retest and possible brake of the 18.5-19 cents zone. Sell side looks to have thinned out in comparison to the last time when we were stuck at 10-12.5.
Looking forward to getting a look at the broker data for the high volume days, will share it here when it becomes available.
I think Pythagoras would have a hard on if he were to see the IMU chart, the close of gap and touch on 15.5 was also a bounce off the new slope support/ previous slope resistance. If we have been fundamentally re-rated due to the outstanding early efficacy signals from PD1-VAX then I expect this new slope support to hold strong. Newsflow RE :CF33 IND clearance could easily make new highs.
IMUGENE CHART. TA only, page-122
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Last
7.7¢ |
Change
-0.005(6.10%) |
Mkt cap ! $578.2M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.3¢ | 7.7¢ | $1.486M | 18.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1324500 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.8¢ | 633207 | 15 |
View Market Depth
| Last trade - 15.17pm 06/05/2024 (20 minute delay) ? |
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Last
7.7¢ |
Change
-0.005 ( 6.10 %) |
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| Open | High | Low | Volume | ||
| 8.2¢ | 8.3¢ | 7.6¢ | 9042408 | ||
| Last updated 15.39pm 06/05/2024 ? | |||||
| IMU (ASX) Chart |