IMU 4.00% 4.8¢ imugene limited

IMUGENE CHART. TA only, page-7139

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    Hrly Chart: Strong bounce off the $0.395 yesterday, with the 20 period TEMA reversing sharply to top position. Spread of the depth has narrowed over the last 3 weeks, signalling that we may see a slight decrease in volume as the sideways channel develops between $0.415 and $0.48. Bollinger Bands are opening up slightly so we may see some action today towards $0.48 today. Expect to oscillate between $0.415 and $0.48 until we see news to rerate.
    https://hotcopper.com.au/data/attachments/3664/3664775-917a1af8a3e3c66d0015353072e21cd6.jpg
 
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