IMU 1.82% 5.4¢ imugene limited

IMUGENE CHART. TA only, page-15311

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    Stars are starting to line up in the stock market imo - 3 bullish signals across 3 different indexes IMU is correlated with. Some thoughts on the charts.

    XJO (ASX200 index) likely already completed a 'Golden Cross' (eg MA50/200 day cross over) which is very bullish.
    https://hotcopper.com.au/data/attachments/4386/4386972-4774ba708de846ba393ec3db385c8f34.jpg

    XHJ (ASX Healthcare index) has some catching up to do however is showing strong bullish RSI divergence suggesting a reversal is near.
    https://hotcopper.com.au/data/attachments/4387/4387019-15393d78a0f7a209887fdc310618e428.jpg

    NASDAQ Biotech Index showing HUGE bullish RSI divergence suggesting a reversal is highly likely.
    https://hotcopper.com.au/data/attachments/4387/4387039-282731bedcace51c48811cf326c80a87.jpg

    Welcome to class Wegian.
 
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