Jerm88

IMU @ 18 NOV 2021

ASX:IMU   IMUGENE LIMITED
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 having roughly 19% gains in roughly 3 weeks
- A successful rebound look to be around 60 cents
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
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