IMU 2.35% 8.3¢ imugene limited

IMUGENE CHART. TA only, page-4293

  1. 13 Posts.
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    Daily IMU Chart 4HR IMU Chart
    https://hotcopper.com.au/data/attachments/3385/3385522-33e60bf7b1b71ed908ee84398a4c27aa.jpg
    https://hotcopper.com.au/data/attachments/3385/3385529-7f58982afcd22b21c0ecaa5e27a8d3e5.jpgMy personal take on the current IMU chart, I'm quite the newbie though.

    • MACD looks ready to cross over - bullish short term
    • Closed above downward trend line resistance (been in since around late May) - bullish short term
    • RSI not overbought or oversold
    • Closed above 20 and 50 EMA - bullish short term
    • Found support on the 200SMA as seen on the 4HR Chart
    • Lacking large volume - would like to see more volume to push SP further up


    However, I feel any move for IMU is going to largely driven by fundamental news which should be exciting in the coming months.

    Any tips to improve would be appreciated.
    Thanks
 
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