IMU 5.88% 5.4¢ imugene limited

IMUGENE CHART. TA only, page-29518

  1. 1,391 Posts.
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    Don't be too concerned. In yesterday's posting mess I made the comment:
    "Anyway, today has been a good run. It's adjusted the MA's to be even more bullish, I suspect this could be the run to the 15c zone. I expect to see a possible pull-back tomorrow morning to 0.1075, or maybe even 0.105 to find support on the hourly e21. We are potentially looking at the exit from the 10c oscillation games that all stocks go through. I am not yet convinced that we are out of the range, it's usually a end of Feb thing."

    To add to that, the hourly now after this mornings solid opening looks like it's about to run.

    If we can just dip down to tag that e21 on both the hourly and daily around 0.105 (50% fib as well) we should find support and pop up off it as quick as we dropped off 0.12. The potential is also there for the stronger test of the 0.100 again being the 61.8% and also a large cluster of the MA's. Tagging the 10c imo would be best case scenario as a kiss goodbye. Nothing is certain until we break out of the current range. First target remains at the 0.15c area.

    Daily
    https://hotcopper.com.au/data/attachments/5943/5943993-940480fa18b06ee5a74b41f9828cee84.jpg

    Hourly
    https://hotcopper.com.au/data/attachments/5944/5944048-7749812b206e3dc48e469e988dbcc44b.jpg


 
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