IMU 1.85% 5.3¢ imugene limited

IMUGENE CHART. TA only, page-209

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    lightbulb Created with Sketch. 10577
    As per previous analysis and Nov long term fibs, we've just had our first daily close above the 161.8% fib (0.195). Looking for it to hold above then use 0.195 as new support. It could touch the 200% at 0.230 before coming back down to test the strength of the new support. If it gives a solid bounce and goes on to clear 0.23, I expect the following swing high to reach around the 261.8% at 0.28 and all of this without news. If news comes out it will do its own thing. The last 6 months has been pretty spot on technically, even though it's taken its time to play out. Let's see if it continues to behave.
    Previous chart:
    https://hotcopper.com.au/data/attachments/3145/3145387-c1cb5f8d81aa46fce126a5c94b282bde.jpg
 
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