IMUGENE CHART. TA only, page-12548

A nice steady rise to 26.5c by the end of this week would do me nicely and any positive news coming on the back of that may be the start of a sustained uptrend - just IMHO and not advice - but my experience with IMU's peers as a long term holder has shown the tendency to surge on news and then fade away until the next lot of news. Shorter's do quite well out of these if there's no risk of an unexpected positive announcement, they'll usually set a price in the weeks before an end point of a Phase trial is due and wait for the stock to trend down following positive news price surges.

Just have a look as MSB - look at price surges on hugely positive news and then watch it work down in falling wedges (most often). Its been a shorters dream. Not cross promoting just comparison. I am very long term holding MSB but have to say IMU is far more exciting for me now.