IMM 1.45% 34.0¢ immutep limited

breakout imminent?, page-7

  1. 46,202 Posts.
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    The chart does reflect a consolidation phase but the news from Greece and Italy very promising as is the general market response. We could achieve what in TA terms is referred to as a "breakout" from consolidation if the current positive market sentiment is accompanied with some positive company news, otherwise imo we will continue to move marginally with the markets rather than a breakout. I am optimistic because imo I expect an update on Dubai before years end and maybe an update on other aspects of PRR. Nasdaq of course has become a bit of sleeper that could suddenly awaken us from the lol "deep sleep".
 
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