IMU 1.82% 5.6¢ imugene limited

Some nice Bullish indications on the IMU Daily chart, which I...

  1. 178 Posts.
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    Some nice Bullish indications on the IMU Daily chart, which I believe are adding to the case for the next potential IMU Bull phase:

    • The 78.6% Fib Retracement level has held nicely over the past 2-3 weeks, providing solid support at $0.17.
    • MACD has decisively crossed the signal line after flirting with it for a couple of weeks over the month of October.
    • Volume has picked up and Buy:Sell ratio has been increasing over time.
    • Using one of @slick's tricks, we can see the 8 EMA is about to cross the BB median line.
    • Solid green candle to finish trading today, closing at $0.19, well above the BB median line inside the top Bollie.
    • Parabolic SAR has flipped today, which is now below the share price, providing a bullish signal.
    • Potential confirmation of the start of the next Elliot Impulse Wave.

    https://hotcopper.com.au/data/attachments/4786/4786676-a441f37aba4975a03927a1b2ecd6867e.jpg

    It will be very interesting to see how this plays out over the next few weeks particularly in light of what appears to be a renewed interest in the global BIO sectors, and the impending presentations regarding IMU's onCARlytics (CF33-CD19) technology to be featured in three abstracts at the Annual Meeting for the Society for Immunotherapy of Cancer (SITC) in Boston over 8-12 November 2022.
 
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Last
5.6¢
Change
0.001(1.82%)
Mkt cap ! $402.5M
Open High Low Value Volume
5.6¢ 5.6¢ 5.6¢ $79.07K 1.411M

Buyers (Bids)

No. Vol. Price($)
24 1164492 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 410204 4
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Last trade - 10.19am 25/06/2024 (20 minute delay) ?
IMU (ASX) Chart
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