Anyway... I haven't really had a good look at the IMU charts for...

Anyway... I haven't really had a good look at the IMU charts for the last week and a half as I have been concentrating on another trade. But I thought I'd take a closer look because quite frankly, this thread is much more active and interesting than the other one. I have no spare funds to buy and no interest in selling any IMU shares

First, just for fun. We expecting news in the next couple of months I believe, so I had a look at trend lines and FIB. I wonder if it will tag this spot...


1 day chart. I'm a little surprised it didn't tag the 200sma below, that would have been a buy for me (while I still had some funds), it obeyed the flag pattern though. Support on the 200ema is looking, the 8s look to be significant (blues) going from support to resistance now back to support. The candles are in the top half of the BB which is now very tight. RSI sitting in the middle. It's feeling very coiled for a big move...


In Heikin Ashi I get the same feeling, no more longer runs of red or green, it's starting to speckle


1 week chart. Support has most recently been on the 50sma. 4 out of the last 6 candles have been dojis showing a lot of indecision. BB median is at 8.8c (same as 200sma on daily chart)

1 month chart. 13c still looking important, support for the first wick, then 6 candles going from support of wicks then bodies, resistance for a body the a wick. Currently sitting right on the BB median (20sma). In this chart the 8s also look like resistance then support (8sma at 8.6c)


The golden cross has technically happened on both sma and ema but the angle is crap, in all the charts the longer term MAs are are fairly leveled out so I would say given the right FA it will be upward in the short to medium term