IMU is trying to push through resistance.
Consolidating for a number of weeks.
Had a push today on above average volume.
Needs to get above 0.12 and have a daily close.
"Imugene Limited (ASX: IMU) Director's Stake Update: On 12th Jan '24, a director affirmed their commitment by acquiring 1M RSUs at no cost, signaling bullish sentiment. Pre-acquisition, the director held 600K options and 20.73M shares, maintaining these post-acquisition. No options or shares were sold, implying a strong belief in the future of IMU. This strategic...
ASX:SHN ASX:TCG ASX:TG6 NYSE:STK SET:PLT ASX:VMM ASX:EQN ASX:FL1 ASX:IMU ASX:4DX
Momentum-leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
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The "Combined Box and Squeeze Strategy" is a comprehensive trading script developed for the TradingView platform. It merges two distinct analytical approaches: "The Box Percent Strat" and "Squeeze Box ," offering traders a multifaceted tool for market analysis.
Key Features
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Description:
This innovative trading strategy is a synergistic blend of two proven approaches: Trend Following and Simple Moving Average (SMA) Crossover. It harnesses the strengths of each to offer a more robust trading system designed for a variety of markets.
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Alternative scenario: the upside breakout of 0.459 would call for 0.509 and 0.539.
My pivot point is at 0.459.
My preference: the downside prevails as long as 0.459 is resistance.
Comment:
The RSI is below its neutrality area at 50.
The MACD is negative and below its signal line.
The configuration is negative.
Moreover, the share stands below its 20 and...
Text me if you have any questions/comments for me.
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IMU
- Previous analysis was done on 4 Oct (red arrow) – suggested waiting for a successful rebound around 47.5 cents before plotting entry
- Since then, the stock has created a new high, retraced, and looks to be rebounding off the short-term support
- If have taken the entry suggestion, you should be...
Text me if you have any questions/comments for me.
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IMU
- First time doing a written analysis on IMU
- Stock is currently trading at previous strong resistance (created in 2007)
- A good rebound from here would form a strong support at current levels
- A successful rebound looks to be at 0.475 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest...
Imugene (ASX:IMU) is a clinical stage immuno-oncology company developing a range of new treatments that seek to activate the immune system of cancer patients to identify and eradicate tumors.
3 Scenarios identified
Bullish:
- MACD still Bullish
- Volume increasing
- RSI still trending Bullish although currently Overbought
- Bullish bounce off .382 Fib...
Not my cup of tea but since I put it on twitter for those who are interested here it is markings & all.
Technically it has formed an inverted H&S pattern and has broken out of the neckline ($0.039c) Bullish, targeting $0.06c & may see a pullback to test the break of the neckline. Speculative so please DYOR. It is an idea I came across whilst scanning my charts
$IMU (ASX)- daily, price is holding onto 70.70 fibs and making higher lows..coiling imo...indis are also showing bullish signs...might see a movement soon imo..Let's see
FA wise: waiting on the cancer vaccine trial results
Disc: I hold...
