IMM 1.25% 40.5¢ immutep limited

Heres a copy of a post from the "Whoa" thread last weekmoving it...

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    Heres a copy of a post from the "Whoa" thread last week

    moving it here for continuity sake..to watch the momentum oscillators progress....

    and an update today on the bottom...

    .......................................

    If you dont mind, here is a copy of some correspondence I share elsewhere.
    I will not ask anyone to suck eggs, as this thread has a good grip...on the TA
    It shows the Metastock Equis MACD expert only crossed on close today..

    ...................
    The MACD crossed and the Buy signal was triggered as the stock closed at .135

    my only trepidation was the relatively low volumes, which by themselves cause a delay, and could be countered, by a partial entry, with say ,half of a usual $10K parcel...

    A Tight Stoploss would be a close below .125

    .......

    It was suggested to buy these at 12, with not many on offer...

    however 125 was a more realistic achievable entry
    It may be fun to watch (a paper trade ?)from that level





    .......12/11/2012

    Today has continued the breakout on increased volumes.
    others have posted some fairly optimistic targets, I am interested in fine tuning these turns and offer a Metastock Software "Trade Oracle"Expert view, which has identified a small triangle breakout...This method has a historical success rate of 66% on this stock. which is pretty good in my view... Note it is only for short term trades we are looking at our original chart template (MACD etc )for the longer view...
    Heres the triangle

    Trade Oracle™
    © 2003 Trading Systems Analysis Group
    TO 78 - Small Triangle Breakout
    (System #78)
    PRIMA BIOMED LT - PRR
    on 12/11/2012
    (daily Chart)

    Open - 0.1300 Change from Open - 0.0100
    High - 0.1400 Change from previous Close - 0.0100
    Low - 0.1300 Enter Trade - Yes
    Close - 0.1400 Exit Trade - No

    Enter 'Long' signal generated.

    Historical System Performance on PRIMA BIOMED LT
    Historical Success Rate 66.67%
    Total Number of Trades 24
    Number of Long Trades 9
    Number of Short Trades 15
    Number of Winning Trades 16
    Number of Losing trades 6

    Analyzed Future Performance*
    Confidence Level of Next Trade Being Successful: 46%

    If trade is a winning trade, the price will most likely fall between:
    Winning Return Potential Price Points (Gain) Percent (Gain)
    Lower 0.1443 0.0043 3.0483%
    Higher 0.1592 0.0192 13.7077%

    If trade is a losing trade, the price will most likely fall between:
    Losing Loss Potential Price Points (Loss) Percent (Loss)
    Lower 0.1333 -0.0067 -4.7671%
    Higher 0.1097 -0.0303 -21.6537%

    A Stop Loss should be placed at:
    Price Points Percent
    Stop Loss Position 0.1278 -0.0122 -8.6957%

    Projected time in trade:
    Expect periods in trade to be between: Low Periods High Periods
    Winning Trade 3 9
    Losing Trade 1 4

    The confidence level, in combination with the potential profit vs. the potential loss, puts the odds against this trade.

    * The future performance shown is not actual future performance, but is a calculated expected future performance based on statistical analysis. Past performance is not indicative of future results and future results may vary from the projection displayed.

    ................................
    That summary is a bit tedious I know (but I didnt like to edit it )its purely a software readout and not a trade recommendation . main issue ,it is triggered by a price pattern we are interested in as it may confirm a new Long Trend is underway.
    ..It does confirm our .125 tight stop




    heres the main chart template
    requiring a 14 close to keep running...5.8 mill with a .137 vwap atm

    the stochastics are overheated, may mean more sideways accumulation cheers



 
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Last
40.5¢
Change
0.005(1.25%)
Mkt cap ! $588.3M
Open High Low Value Volume
40.0¢ 40.5¢ 39.8¢ $2.431M 6.045M

Buyers (Bids)

No. Vol. Price($)
1 6880 40.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.5¢ 85353 3
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