IMUGENE CHART. TA only, page-30186

had some alerts go off on IMU this morning.

Weekly chart looking very interesting, firstly it has been compressing in a tight range for several weeks now kinda similar to the period shown in the chart early 2021. The bollie bands show this perfectly.

I also like the huge volume that entered in November last year (largest weekly vol ever). Since then the sp has drifted in a tight range... This is when you pay attention to price action.

Price action is telling me that the bollie bands are ripe for some impending expansion




The daily chart below shows that today is an uptrending day in this tight range. The novmeber highs now look like a strong magnet.

dyor