IMU 5.36% 5.9¢ imugene limited

IMUGENE CHART. TA only, page-31405

  1. 13,899 Posts.
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    Two important technical events have occurred today that may influence the price action for the rest of the week.

    First one is that todays candle is way too far outside of the lower bollie and the second one is that RSI is demonstrating that the stock is now in oversold territory being in the low 20's.

    https://hotcopper.com.au/data/attachments/6105/6105968-b450cf20e393a66341363eb126e7112b.jpg

    As you can see that even the lower time frame charts haven't printed a hint of a buy signal.

    https://hotcopper.com.au/data/attachments/6105/6105975-04f632d4e140853b3cfad3d68a0c4966.jpg

    The short / hedge position hasn't changed.
    https://hotcopper.com.au/data/attachments/6105/6105995-b8a167439b541d70c0de27d765655d87.jpg

    Cheers
 
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