IMU 4.00% 4.8¢ imugene limited

IMUGENE CHART. TA only, page-21048

  1. 766 Posts.
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    8(orange)/21(yellow)ema's have bull crossed and today's candle is currently showing a nice bullish hammer. We could be in for a decent close at this rate. Last 5 days are showing a bit of an accumulation so the break out will be significant whichever way we go. The longer we stay at these levels the larger the break will be. The 61.8%Fib at 17.5c could be one of the last chances for bears to take back control which is why we are lingering. A break through this level will surely see a decrease in short percentage as they get stopped out. Next week is earnings week for the US so no doubt we will see some volatility, let's hope it's mostly positive.

    https://hotcopper.com.au/data/attachments/4966/4966416-9f16e65cd44a38ad8d4af56e3a50fb78.jpg
 
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