IMM 1.56% 31.5¢ immutep limited

what do the charts say, page-5

  1. 1,118 Posts.
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    well said, isplicer. generally, the smaller the company, the less effective technical analysis is, in my view.

    that being said, i think the chart for PRR looks great. strong uptrend. the low on May 26th not only held the previous resistance in january, but also the trendline support going back to mid december and mid march.

    looks to be forming a bullish pennant and flag formation. all very bullish in my view. a MACD cross up, which looks imminent, would confirm much of the above and bode well for the share price.

    looks to be consolidating the recent gains, much like it did between january and march, before another push higher.
 
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