IMM 7.41% 29.0¢ immutep limited

not on schedule, page-4

  1. 661 Posts.
    We PRR holders know the Naz is now coming finally. We also know the US market makers will be buying 10s of millions of shares initially to support the ADRs...

    In the meantime, just for kicks, have a look at the charts (twinpeaks- I think you're looking at the TA with too narrow a view). Specifically, put each of the following one above the other, and draw a line vertically connecting the major rallies (roughly):

    - a daily sp bar chart
    - a MACD
    - a RSI
    - a W%R

    There is a discernable momentum pattern in each rally that is not just tea-leaf reading.

    Based on what I see, our rally from a 16c base has still got legs.

    That is purely based on momentum reading.

    The rally to 42c though kinda had the same fervor behind it, i.e. everyone expecting (but not actually knowing) that the listing was imminent then.

    THIS TIME we know!

    Worry-worts may sell a bit on the DNDN delayed earnings but then they will miss out on the bulk buying the US market makers will be doing :)

    Cheers!


    s1- 18c
    s2- 21c
    s3- 24.5c

    r1-27c
    r2-32c
    r3-39.5

 
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