IMU 2.08% 4.9¢ imugene limited

IMUGENE CHART. TA only, page-26047

  1. 759 Posts.
    lightbulb Created with Sketch. 1260
    Daily IMU chart.
    LHI put a good chart, so I won't double to much (below is my weekly too). Just point out that the BB's are opening, so trend starting. The Candles are well outside the BB, given the momentum at the moment I would expect a few days up around these levels, then a pull back. RSI at 75 not at my overbought quite yet, but close.
    My targets, 069 slight resistance, then 081 (maybe 084 at raise?), or top of the gap at 089.
    https://hotcopper.com.au/data/attachments/5716/5716450-e28e65c100687923ea92f843e57efacc.jpg

    Weekly, has the downtrend changed yet? Not quite!
    Looking at the weekly, we still have a aways to go before the 8 crosses the 20, and plenty of headroom for the RSI. Really good volume the last few weeks now, so it is certainly gaining interest, which means the SP could run very well, and end the downtrend, finally?!
    Targets for the SP on the weekly is 07 (above was 069, might be of interest) and then 10c.
    https://hotcopper.com.au/data/attachments/5716/5716452-328aae304c05f6feb1c9d49eb1890321.jpg
 
watchlist Created with Sketch. Add IMU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.