Weekly IMU chart above showing a strong “Flag and Pole” formation, with a weekly close above 11c
indicating a break out, with an upside target of 18c . If not this week, then price will only need to above 10.5 next week for a breakout confirmation.
Additional signs of strength,
A double bottom reversal in place 9.2
A Wave trend crossover study giving a bullish crossover signal from a low base.
Two previous Bullish Crossovers from same low base , arrowed in red, with corresponding price rally shaded in green .
RSI not overbought having bottomed and turned earlier in the week.
BElow Weekly Ichimoku
Wide band of “cloud” support shaded green
Stochastic showing a turn around Off lowest point in 12 months. Previous turn from corresponding low saw a rally from 1.6 to 14, last years full range.
Suggest newcomers look to the Imugene.com website, pipeline and investor presentations.
In addition the Roth Capital research, target valuation also calling 20c .
A lot of price catalysts imminent within the next few months which could easily justify these targets being met.
This is a technical charting thread only, please no comments if you don’t believe or understand TA
Technical BreakOut Alert, Flag and Pole
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Last
6.4¢ |
Change
-0.003(4.48%) |
Mkt cap ! $468.4M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.4¢ | $1.264M | 19.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1346122 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 1462857 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1346122 | 0.064 |
16 | 2329024 | 0.063 |
14 | 837807 | 0.062 |
17 | 1911194 | 0.061 |
42 | 2692371 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 1462857 | 4 |
0.066 | 1286304 | 7 |
0.067 | 5615178 | 9 |
0.068 | 812301 | 11 |
0.069 | 659927 | 5 |
Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
6.4¢ |
  |
Change
-0.003 ( 4.05 %) |
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Open | High | Low | Volume | ||
6.7¢ | 6.7¢ | 6.4¢ | 10056995 | ||
Last updated 15.59pm 03/06/2024 ? |
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