IMUGENE CHART. TA only, page-28326

I'm not a fan of monthly charts as I find them mischievous at best but I found this interesting.

Now obviously being over such a large time period the longer ema's are more suited but in this case the 50/200 ema's are useless due to the aftermath from prior to Imugene as it is today commencing in from 2013.
Vertical line represents Imugene's beginnings so as displayed, the monthly has been very nice and yet the red 50 and blue 200ema's just don't reflect it.



Therefore we can only zoom in a lot closer to get any relevance and you can see that November's growth was basically bigger than any month prior and represents a fantastic turnaround. Also check out MACD.



Now I hope I can stay away from the monthly charts for another 12 months.

Here's the weekly and the most important chart for the "welded on". IMO
SP is right in a zone and one can only hope that what occurred from late 2020 to mid 2021 happens again, a nice consolidation followed by the breakout upwards. No-one should predict it either way as there is no way of knowing this being the BIO sector so it's just hope. Any charlatan claiming otherwise is kidding themselves and you.



Now closing in a little and adding a few indicators, we can get a far nicer conclusion of price action. @superposition , I've added our favourite indicator as it's very valid.
SP is printing nicely above the bollie median level and nicely below the upper bollie. MACD also supports the positivity. One could say that it's a bit wicky above but that doesn't concern me as it indicates that traders are busy but also supply is going to be abundant all the way up. Well worth acknowledging. ( don't bring up the topic of high SOI for Gods sake, brings all the wobblies out). Haha.
SP is also in a battle with the 50ema and IMO it would be significant to see that red 50 wicking upwards.



Short / Hedge position for the year.



Looking very nice IMO.

Cheers.