IMU 7.55% 4.9¢ imugene limited

Whats IMU likely to be worth ?, page-31

  1. 1,392 Posts.
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    Hi Steini, again, from a charting perspective I cannot agree. The big boys game plan has been on the table for a while now. They created the price movements we have seen. Therefore chart analysis includes what ever games they are up to. Who and how is irrelevant, unless there is a fundamental change. The chart forecast includes whatever they are up to. Remember though that charting is not infallible, it's just a picture of probabilities.

    Hi Kluck, I said that according to the charts I was looking at, 10c is not going to be seen again. Me and my big mouth, but that's why I don't do short term calls. I am very surprised that it was touched, but it hasn't changed anything for my analysis. In fact, today's daily candle looks great, it shows the support zone is alive and strong- the bears tried and failed. The e21 and 38.2% have held. The hourly chart has done exactly what I hoped; our w5 has now dropped down to retest the strength of the other MAs. I would not at all be surprised to see that 6mil gobbled up (or pulled) first thing tomorrow. I am not at all worried about today's price action, I mentioned last week that this is what I hoped to see, and the picture so far has not changed.
 
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