Immupharma took the stairs #bearishIMM matches the adage, "Markets take the stairs up and the elevator down".
IMM trade ideas
Immupharma - Risen from the dead or dad cat bounce?All signs look to a dead cat bounce. Obviosuly everyone knows this has been trending down for almost 2 years.
This has no consolidation under the 32p resistance, a weekly close under the previous 19p support is not a good look.
Very good news was fomo'd into. Next news should be a while, things take time. Get a better entry in the green zone and wait for the next pump and dump.
