Imugene - Charts & Price Action (New thread), page-229

The weekly chart showing very positive signs with more to come.

icihimoku cloud...
The share price piercing through “the cloud” last week is a hugely bullish signal. The fact it did it so easily, without a fight at 4.3, and with the highest volume week since late Feb ( CoVid panic) adds to the conviction of the market.

The cloud will turn green this week, adding further weekly support.
The Klinger oscillator, a trend and accumulation indicator, pointing strongly higher
The DMI, a momentum indicator, showing the pink ADX line well above 20 indicating momentum is bullish.

Last years high at 6.3 comes into play and a break of this level would add further technical reason to buy into strength , as multi month price targets between 10-15c become next resistance.

All in all a very positive looking chart , showing the market anticipates some good news worthy of a genuine “re rate” is on the way