IMU 1.82% 5.6¢ imugene limited

Weekly close above the 200MA last week which has set the...

  1. 740 Posts.
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    Weekly close above the 200MA last week which has set the foundations for the movement today with another PS Ann.
    Thursday candle shows a validated resistance level at the 55ema (blue), Fridays candle sold off but has validated the 8ema (orange) as support for now. Today's candle is having another attempt at breaking the current 55ema (blue) resistance level and if broken should see the 8ema (orange) cross the 21ema (yellow) which is a bullish signal. Daily RSI now above 50 too and MACD has crossed. Chart is currently in a pretty significant double bottom set up, we just need to wait and see if it eventuates into anything. I hope some took advantage of the buying opportunities over the last few weeks, I sure did!

    https://hotcopper.com.au/data/attachments/4955/4955007-196ef87a8efc0a8f4d8e12e9365dd1da.jpg
 
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
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