IMU 4.00% 4.8¢ imugene limited

Daily RSI now at oversold level and US markets expected to...

  1. 766 Posts.
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    Daily RSI now at oversold level and US markets expected to recover leading up to Christmas. IMU broke the validated weekly 200EMA (purple) today, but Friday is what counts and due to the daily RSI hitting oversold territory I think it's likely to finish above by the end of the week. It's a buy for me, let's see how it play's out.

    Daily RSI:

    https://hotcopper.com.au/data/attachments/4921/4921277-a872242832c855d97922443b5d3086d0.jpg

    Weekly Chart:

    https://hotcopper.com.au/data/attachments/4921/4921286-a57f2fcfb7720e99f9bf15ccece46507.jpg


 
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