IMU 5.56% 5.7¢ imugene limited

Imugene - Charts & Price Action (New thread), page-25

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    I agree; hopefully we will see a touch of 0.036 again before moving forward. This would do the bulls a enormous favour to legitimise the new floor, especially being the CR level. We have closed right on the 50% fib at 0.038 last week so a small resistance is not unexpected. Imo that would be the best scenario for the immediate short term, especially if followed by a day close of 0.039 or higher to break that 50%. I would expect the 61.8% at 0.044, coincidentally where the island gap is is, to be a harder line to fall. But fall it will, hopefully with the Friday close at 0.045 or higher.
    Last edited by Zior: 20/07/20
 
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