IMU 5.56% 5.7¢ imugene limited

So much for a bull pennant! It broke out downwards while...

  1. 740 Posts.
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    So much for a bull pennant! It broke out downwards while simultaneously breaking our 21ema support (yellow). Look to 8c for support from here where we are hopefully saved by the weekly 21ema. I'm gutted, the charts were starting to look much better, I'm really surprised it broke down today. Shorting a portion of my holdings here hoping to buy them back at around 8c.

    https://hotcopper.com.au/data/attachments/5812/5812679-d9a8908be0127990b68232f7cb80d07c.jpg


    Last edited by GinoE: 12/12/23
 
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