IMUGENE CHART. TA only, page-16198

Hi mate, any pullback after a run is healthy, as long as it is doesn't retrace past the 61.8%. I didn't expect it to pullback this morning far, however that's the market we are in unfortunately. I kind of expected to be testing the 0.245 level as support now, building momentum.

Looking at the weekly, this current candle looks ugly as. However when we put the fibs on the whole run it retraced exactly to the 61.8%, shown in the daily. The 61.8 also matches up pretty closely with the weekly e200 which will add further support. If it is holds, we should have a second attempt at our first hurdle again at 0.245. If it doesn't hold then we go back to waiting. We aren't going anywhere meaningful until we crack that first hurdle.

Weekly

Daily