Trader_Johnni

IMM 50% BREAK!!

Long
ASX:IMM   IMMUTEP LIMITED
Immutep Ltd is a biotechnology company working primarily in the field of cancer immunotherapy using the LAG3 immune control mechanism. The company was originally built on CVac, a therapeutic cancer vaccine.

Break out of ascending Triangle confirms, Targeting Supply @ 0.30

- Ascending Triangle Confirms
- 4th touch on Fib .236 breaks
- Measured move lines up with Supply
- RR 3.33:1
- Supply sitting in the Golden Pocket
- MACD still spread BUT starting to turn
- Ichimoku BULLISH and clear to run

Aware of the GAP at 0.15 - 0.165 but with more positive news it will stay unfilled for the foreseeable future. Also Bearish Divergence on the 4HR but again I do not think it is strong enough currently.

These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
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