XAO 0.73% 8,303.5 all ordinaries

Short Term Trading Week Starting: 6 May, page-131

  1. 1,599 Posts.
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    STTCOMP IMU, TA Long.
    IMUGENE LTD

    SP 0.034
    Market Cap $98 mil
    Cash $12 mil

    biotech  ... IMMUNO-ONCOLOGY

    after the rise in january it retraced 50% of the rise, which was also the previous high, and now looks to be forming new uptrend.

    it looks like 3.2 been tested and now support again

    one of the black trendlines from jan has risen up with it, and may leave it behind with the increase in strength

    indicators turning up, turning up

    6 MONTH DAILY ...

    imu 6 month daily.png

    10 YEAR WEEKLY ...

    nice long consolidation since 2011 and then retested an old high at 3.3 now for the second time. Stronger buying interest coming back and think this time perhaps.

    not much resistance above it for awhile

    am also wondering if it could qualify for a long term cup n handle, since July 2011, in the process of completing? around 7 cent target if so

    or a bit of a stretch time wise on the pattern?


    imu 10 yr weekly.png


    15 YEAR WEEKLY ...

    shows some repeating ranges, dark green and dark blue, going back for 15 years. Have marked both ranges on the chart as possibilities.




    imu 15 yr weekly.png
 
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