IMU 0.00% 8.5¢ imugene limited

I posted this chart a while back and its playing out pretty...

  1. 757 Posts.
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    I posted this chart a while back and its playing out pretty predictably to date, the overall market correction we saw through February and the first week of March failed to shake enough holders out and we have now recovered above the median slope support. I had previously said that IMO a downward move to the bottom slope was not likely as the percentage gains would not be enough to entice many sellers looking for a cheaper entry, and that appears to have been the case.

    I personally moved most of my funds out of IMU in early January as there were faster moving opportunities elsewhere but happy to be back in as of Tuesday... all be it at a 10% premium to my sell price, I expect there will be many others returning in the coming weeks along with the shorts surely having to start covering soon that should maintain the price above that trend line.

    With peer recognition and hopefully validation of our tech from the exposure of the AACR conference, then the IND clearance for CF33 expected any time and PD1 second cohort going smoothly, that next leg up is poised for the breakout during April, IMO

    https://hotcopper.com.au/data/attachments/3012/3012340-2e0dcad15a8dbe66402998e1ed431d2a.jpg

 
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Last
8.5¢
Change
0.000(0.00%)
Mkt cap ! $622.1M
Open High Low Value Volume
8.6¢ 8.9¢ 8.3¢ $2.100M 24.58M

Buyers (Bids)

No. Vol. Price($)
2 134491 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 69293 4
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Last trade - 16.10pm 23/04/2024 (20 minute delay) ?
Last
8.5¢
  Change
0.000 ( 1.07 %)
Open High Low Volume
8.6¢ 8.9¢ 8.3¢ 10977975
Last updated 15.59pm 23/04/2024 ?
IMU (ASX) Chart
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