IMUGENE CHART. TA only, page-30136

Always. The share price is like a floaty on the ocean. Each new fundamental change that affects the price is like a new breeze that effects the floaty, that can either change the direction or speed it up, and often starting with a single gust of wind. A nice new news release is like the squall leads to a stronger wind. It's always the fundamentals that dictate where we end up, just like a prevailing wind on that floaty.

But, there is always more going on. The tides, eddies, waves and swell all have an effect on our floaty. These are likened to the technicals. We don't need new news to keep moving - the effect of the breeze will do that, and in the mean time these other factors play into the movement of the floaty, often dictating its direction and speed on a small scale. We are not ranging sideways because of a lack of news, we are simply in a tide that is ebbing. This is a technical ebb, not a fundamental one. The breeze is still blowing, and when the technical tides, swell and waves align the floaty will start moving with the breeze again.

We already have all the fundamentals we need to support a big positive move here and now, it's the technicals which we wait on. Stronger breeze (new news) of course is welcomed, but not required. For Imugene, the prevailing wind has always been positive. It's only the macro storm that has pushed us backwards. But the tides, swell and waves are all indicating that the time is ripe to continue our positive run. Like most things on the water, it's a game of patience.

Tldr: We do not need new news to move upward, even if it is welcomed and will assist.