IMUGENE CHART. TA only, page-27317

Hi W10B,
Attached is a weekly. Ive put some sloppy measure sticks on there for typical rises. Charting is all about the stats. Wicks on a candlestick show where the sellers are in this instance. Around .11 to 15 cents. So thats the resistance. But. IMO. The news is positive and the Volume is there. Just have a look at the last 8 weeks and the Volume coming in from the last 4. So lots of support. So IMO. We may well be looking at 25 cents around 1st week Jan. So Ili trade it Looking for high Volume moments. Whereby theres lots of selling because theres enough sellers getting thier price. And Volume when it comes down to a price we are all buying at. Volumes will exceed average volumes. I also use Moving averages, Fibs, support resistance and news etc. Most of the traders see the same things, so its first in and confirmations. This is the tricky part. Good luck This chart is for Long Term Holders. Ill trade Intraday say 5, 10 15 min charts. But the techniques are the same.

oh and for some that dont know. Click on the chart for a magnified view.