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1.82% 5.6¢ imugene limited

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

  1. GinoE
    740 Posts.
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    19/12/22
    16:57
    Post #: 65370611
    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


    IMU Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
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