Imgn, Immunogen, Inc.

Discussion in 'Investment Charts' started by ciao, Jul 30, 2017.

  1. fireopal

    fireopal Senior Investor

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    chart indicating bearish engulfing so without news it may drop under 50ma again.
     
  2. fireopal

    fireopal Senior Investor

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    on watch & hoping for under $6 before bounce and pretty close but not so sure i will get it - chart seems to be indicating reversal.
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Looks like a reverse double top? Is there much downside in the short term?
     
  4. fireopal

    fireopal Senior Investor

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    ^^Think bad news would be about the only downside BUT not sure how high this is going without news - needs more vol. Watching/hoping for more $5's at some point.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Volume is the key as it will flush out any stale bulls and should give investors a day or so to get in while the loose stock is mopped up.
     
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  6. fireopal

    fireopal Senior Investor

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  7. longtermbull

    longtermbull Administrator Staff Member

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    Wow great news price $7.58 @ 29 August.

    This could be the start of another bull run?
     
  8. fireopal

    fireopal Senior Investor

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    Last edited: Aug 29, 2017
  9. gowiththeflow

    gowiththeflow Senior Investor

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    $18 seems a mad price target from here!

    Looks to me as though news of the above deal had leaked into the market before the announcement (as is always the case?)
     
  10. fireopal

    fireopal Senior Investor

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    Another 52 week high & hopefully heading higher!!
     

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