IMU 2.22% 4.6¢ imugene limited

IMUGENE CHART. TA only, page-25942

  1. Fid
    2,453 Posts.
    lightbulb Created with Sketch. 1279
    Had enough of divergence stuff, I'll bet, so here's the last chart on that subject, promise!
    Divergence happens when the price does one thing and the oscillators/indicators do the opposite.
    They can't predict the future but give an idea of might happen and in turn confidence when considering taking a position.
    The biggest advantage though is to tell me when I'm wrong.

    CCI is about to cross the zero line.
    The MACD histogram (blue bars) has been indicating a change for weeks & now the macd line is about to cross the signal line
    Relative Strength has also indicated change.
    Plus we now have a higher high & a higher low for the previous week = bullish.

    My charts plot the changing sentiment towards the fundamentals, nothing more, nothing less so I don't need to bring fundamentals into the equation,
    that's being done for me here by others.
    Good luck.
    imo dyor.

    https://hotcopper.com.au/data/attachments/5711/5711205-f2ff58b3566c83fd5ab5f82225207c37.jpg
 
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