IMU 1.75% 5.8¢ imugene limited

IMUGENE CHART. TA only, page-12586

  1. 1,796 Posts.
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    I hope I am wrong BUT,
    The 3 solid runs last year all had very similar setups.
    Early May, mid August and mid October, on consecutive days we had a small red candle followed by a large green the following day. Basic stuff I know. The subsequent SP rises were substantial.
    Early May 20c-50c
    Mid Aug 30c-50c
    Mid Oct 43ish c-63ish c
    That setup is not here yet and it is a consistent IMU setup.
    ALSO, the last 2 times we had grey candles at the end of day(one in Jan, one in Feb) there were subsequent substantial share price falls. We had another grey candle day today….

    I am sitting on the final third of my stake here. Unless we decisively leave 24.5c behind, I will be waiting for the tea leaves to show what they successfully showed 3 times last year.

    My 2 cents

 
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