Immunomedics (IMMU) has just breakout of the kumo resistance. Next resistance is around $4.30. Volume is already higher than average within the first hour.
Immunomedics, just had a Tenkan sen – Kijun sen bullish cross yesterday. It face resistance from the kumo with resistance at around 3.90 The leading kumo has also twisted, suggesting that this may be a change in trend towards the bullish side.
IMMU breakout on news that it has been awarded a patent. With this breakout, high chance the chart will show a bullish cross from Tenkan sen – Kijun sen at close. Many thanks to GR for highlighting this. purchase college papers