IMU 4.00% 4.8¢ imugene limited

IMUGENE CHART. TA only, page-7887

  1. 1,169 Posts.
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    This is my first attempt at TA so be gentle

    I figured it would be a good one as Slick and Zior etc have given us a great idea as to where this is going so I had a lot of guidance to follow.

    https://hotcopper.com.au/data/attachments/3746/3746776-62a0ef6501caef7169a2154e9af9f7ac.jpg

    The blue line following the cup and handle is simply to highlight it, it isn't following it perfectly. From the depth of the cup I have a target of approximately 72.5c. From the fibs however I have a target of 76c at 1.618.

    I have made my first ever short term trade today: I got in at 52c. As I am just learning I would not trade anything other than IMU as I am happy to add more shares should my TA fail and the SP drop. Otherwise all other trades will be paper only!

    I haven't read through the posts this morning as I wanted to do this TA without any assistance beyond what I've read recently so apologies if lots of people have put up similar posts already. Let me know where I made any mistakes!
 
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