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.
Tag: IMMU
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.
