IMMU take profits or go short, price at 1.6 fibonachi from lows.
Updated
IMMUprice guped up to a 1.6 fibonacci retracement from recent lowes. It is good time ffor longs to take profits and or short the stock in case you were not long. The price will probably stay within the shown rizing parallel channel from the recent lowes.The gup will probably get partially filled down to the support line shown from recent tops, and filled on the way down as more longs will likely start taking profits as the stock trends towards the inside region of the bollinger band and towards the bottom of the channel. If the price reaches the bottom of the channel prepare to change to long and reenter the market.
Comment
If you are still long on IMMU from the march lows or even before it gupped up, now that its trending down not too much lower from the recent peak, its a good time to get out and secure those yammy profits before it falls further to fill the recent gup.There are plenty of fishes in the market fishpond!to use those profits and make more money to the upside. i.e. Airlines, Cruses, and Casino resorts, which are still at the bottom and are just breaking out now!Comment
Correction of previous posted comment! If you are still long on IMMU from the march lows or even got in before it gupped up, since now it started trending down not too much lower from the recent peak it is a good time to get out and secure those yammy profits before it falls any further and possibly as low as to fill that recent gup. There are plenty of fishes in the stock market fishpond to put to good use those profits and make more money to the upside. i.e. Airlines, Cruses, and Casino resorts, which are still at the bottom and are just breaking out now!
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