GREY:IMVIF - Post by User
Comment by
europe10on Jan 18, 2020 3:11am
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Post# 30568206
RE:RE:RE:Above important resistance level
RE:RE:RE:Above important resistance levelWith Friday closing, IMV has singalled an uptrend in the weekly charts.
The 4.50 level will now act as a very important support level and should not be violated, other than maybe intra-day, i.e. no closing below 4.50.
The rather low volume recent weeks makes the buy signal rather weak, even if the better US volume this week is a plus.
On the upside 6 CAD is a formidable resisance level. Also, likely to "fill the gap" from the financing, at 6.30