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Biotech / Medical : Immunomedics (IMMU) - moderated -- Ignore unavailable to you. Want to Upgrade?

To: sogwap1 who wrote (45236)	1/20/2018 4:19:23 PM
From: EagleRare	1 Recommendation Recommended By sogwap1 Respond to of 63276

In my humble opinion we are in this amazing 2 yr super channel heading up at about a 45 degree angle. You can split the channel in half and sometimes we are in the bottom half and sometimes in the top with the midline serving as support/resistance. Lately, we have been in the upper part of the channel. The midline at this time crosses at about $15. The bottom of the channel is about $13. If we drift without IGN for the next couple of months, I hope we stay in the overall channel and hope more we bounce off the mid line and continue to trace the top of the channel. If the market crashes due to the govt shutdown, wildly insane stock market valuations, and the continuing decline of the US $, well, who knows...