Based on VWAP how will IMAB perform in the MARKET over the next 2 days?

Conclusion (quick take)
IMAB just printed a “climax”-volume day yet actually closed a hair below its intraday VWAP (~$2.25 vs close$ 2.23).
With an RSI-14 of 90.7 (extreme over-bought), price still 31 % above its 5-day mean, and the close slipping under VWAP, history says the next 48 hours skew toward an early fade into the $2.00 –$ 2.15 band before any fresh attempt to re-challenge Thursday’s high ($2.68). Expect a noisy$ 1.90 – $ 2.45 box, with downside tests slightly more likely than a straight-up continuation squeeze.

---

Key VWAP & momentum metrics

Metric (6 Jun reference)	Value	Signal	Comment
Close vs 1-day VWAP	$2.23 vs ≈$ 2.25 (-0.9 %)	Slightly below fair value	Sub-VWAP close after a +25 % session hints at profit-taking pressure
Close vs 5-day mean price	$2.23 vs$ 1.70 (+31 %)	Stretched	Not yet parabolic like MODV/BW, but rich
1-day volume	3.24 M sh	≈7 × 30-day avg (0.46 M)	“Volume climax” often precedes digestion
RSI-14	90.7	Extremely over-bought	Pull-backs usually start >80
MACD histogram	+0.24	Momentum still positive	Dip-buyers lurking
ATR-14	$ 0.23	≈10 % daily “routine” swing	Sizes risk

VWAP approximation = (High $2.68 + Low$ 1.83 + Close $2.23) ÷ 3 ≈$ 2.25.

---

48-hour scenario map

Scenario	Prob.	Tape tells	Likely path	Target zone
1. Post-climax fade	45 %	Stays sub-VWAP ≥30 min	Slides to $2.02 (VWAP–ATR) →$ 1.90 gap-fill	Buy/cover in $1.90–$ 2.05
2. VWAP test & hold	35 %	Quick flush bought, reclaims VWAP	Chops $2.14–$ 2.40	Scalp both sides of range
3. Fresh squeeze	20 %	Volume >4 M, holds >$ 2.30	Pops $2.48 (VWAP+ATR) →$ 2.70 (VWAP+2 ATR)	Fade $2.55–$ 2.70 unless VWAP rises with price

---

Translating levels into a trade plan

Trade idea	Entry trigger	Initial stop	First target	Stretch target	R : R
Long the dip	Flush into $ 2.00 ± 0.05 → 5-min close back above VWAP	$ 1.88	$ 2.25	$2.38–$ 2.45	~1 : 3
Fade the pop	Spike to $2.55–$ 2.70 that fails to hold VWAP on way down	$ 2.82	$ 2.30	$ 2.05	~1 : 2.5

Execution checklist

1. Keep real-time VWAP on 1- & 5-min charts; bias flips with sustained closes above/below it.
2. ATR = $ 0.23 ⇒ a full ATR adverse move ≈ 10 %; size trades so that risk ≤ 1 % of account equity.
3. Scale out quickly—small-cap biotechs often retrace an entire move in one candle.
4. Respect binary risk (China ADR + clinical headlines); overnight holds add gap risk far larger than ATR.

---

Bottom line

The chart argues for buying controlled flushes into $2.00 –$ 2.10 and/or fading exhaustion pushes above $ 2.55, always tethered to VWAP. Volatility is high but not yet parabolic; trade the levels, keep stops tight, and let VWAP be your referee over the next two sessions. Good luck!