IMUGENE CHART. TA only, page-33473

Good Morning all,
IMU chart is starting look good, summary of where I see it at. Purely sharing my trading ideas, and is NOT advice.

As I stated 2 months ago that I expect 6 cents and maybe trade to the low 5's, this would create diverge. This is how I came up with those numbers, and not the gap! (Which didn't close). Mentioned that I expect RSI to retest back to 30-25, it did just that and climbed since. So the chart below now shows the clear divergence, although I did last 3-4extra weeks than planned, hence dropped to 5c. Also shows that the candles have broken the down channel (lines just to show what I mean, not accurate).
Next I said that we need the candles to rise above the 8ema, and 4-5 days we'll see the 8 above the 20. So next week will be VERY telling. Is this a Retail sucka rally, or the real thing? Time will tell, but it is looking good. Also RSI now back the the median 50, show that people aren't panic selling.
We are now in H2 when the expected results will start flowing in, then the big money will follow and the volumes WILL improve. AIMO.

@slick just displayed the Bio chart, thx. This is also showing that money has flowed out of the MAG7 this last week into spec stocks in the US. This should continue for a while now, IMO.



Weekly chart, doesn't show it here, but on Iress it techically reached 29 (the book stated oversold level), and now climbing out. I did expect a bigger tail on the candles, but hey, atleast we have a base here, and kinda tweezers (weak, granted).