IMU 3.77% 5.1¢ imugene limited

IMUGENE CHART. TA only, page-31079

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    5 year weekly.
    10c was our base early 2021 topping out at 50c around mid June
    Tested mid point at 30c for a month or so before pushing on to ath 62c Nov 2021
    Sharp retrace to 30c midpoint early 2022. Tested 30c again in Feb, failed to hold, dropping to around 15c late June 2022.
    Rallied to 30c midpoint around August 2022 and failed to hold.
    Fell relentlessly from that point dropping below 10c support and into the buy zone of the 3 year trend around August 2023..
    Rallied on news last Oct 2023 back to 15c prior support mid 2022, now resistance. Failed to hold.
    Dropped back to 10c long term support subsequently and has built a very solid base for the next run, this past 4-5 months late 2023 early 2024.
    Technically, we are ready to rock. Fundamentally, the sun is starting to shine.
    Beautifully setup for lift off into the back end of the year.
    https://hotcopper.com.au/data/attachments/6083/6083340-9cecb597c8975a165c8e1429a99a29fc.jpg



    Last edited by Rainman56: 06/04/24
 
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