Today re-affirmed why I got into Trading, what a flippin' ride!
Interesting day to say the least - not sure the usual glass of red will cut it after that heart attack. Here's a live shot of me telling my wife about today...
Had a look at some of the other players entering the MSCI index alongside IMU not so sure. Some same, some different...
- RNU; up +5.8% on minimal volumes - matched below;
- BET; up +5.98% on biggish volumes with lots of afternoon delights as well;
- PDN, GXY, NXL etc etc similar to IMU and BET with crazy after hours crossing. But none seem quite as bananas as IMU with the rinse out first... Agree with others that someone knew someone big wanted in and exactly when / how they wanted in - so rinsed IMU retail holders by an Orchestrated sell down led by the article. Then helped pump it up to get to a price that the other party was happy paying for (or needed to)...
All in all though - today could've been a LOT worse. I along with others got rinsed as well, being a holder of only IMUOCs was not pretty. Also doesn't help someone is quite masterfully accumulating them (always about 8c off heads and then immediately sold into if IMU heads price rises / falls). However TA wise it was pretty special to behold;
- Bounced off the 20EMA pretty nicely as support after a whopping stop-loss fish (check out that wick)
- Stonking big hammer candle which is bewdiful
- 350m shares traded meaning lots of new friends >33c
- 70m+ of those traded at 42.5c by people who are smarter, greedier, stronger than us plebs - and who definitely don't like losing dollarydoo's
On a FA / HODL life note - we all know there's lots to come from IMU, so great to see that the trend is still our friend (see pink line). Think it could've actually been way worse and we would still be in decent shape. So any newbies / anyone who's a bit worried about your investment, know that after today it looks like it's in even safer hands and at any time we could have some spectacular news drop that will set us back on track. Gotta love this stock!
Also as a side-note for these forums. A LOOOOOOOOOOOOT of diamond hands, HODL, "I'm never selling" chat which is fine - but also make sure that if you are perusing these forums that you also follow contrarian views / DYOR around capital protection and good entry / exit points. While we might escape this one pretty well, if you were shaken out or we have another correction in the future - IMU won't always be the chosen land!
Have a good night ya'll,
SforP
IMUGENE CHART. TA only, page-1532
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Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $439.1M |
Open | High | Low | Value | Volume |
6.0¢ | 6.1¢ | 5.8¢ | $1.072M | 18.07M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25799 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 17344 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25799 | 0.060 |
3 | 500000 | 0.059 |
12 | 972875 | 0.058 |
15 | 1426878 | 0.057 |
17 | 1741276 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 17344 | 1 |
0.062 | 1392807 | 3 |
0.063 | 1810181 | 8 |
0.064 | 310883 | 7 |
0.065 | 939557 | 9 |
Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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Last
6.1¢ |
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Change
0.001 ( 2.37 %) |
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Open | High | Low | Volume | ||
5.9¢ | 6.1¢ | 5.8¢ | 7197252 | ||
Last updated 15.59pm 10/06/2024 ? |
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