Investors jubilate as Immupharma rallies

Immuphaama shares (LSE:IMM) rallies significantly this week, and this has made investor’s to jubilate. Price moved upwards from November 2017 to January 2018, and then went southwards from February 2018 till early March 2018. But things have changed… in April.

Price is now above the EMA 21 and the William’s % Range period 20 is in the overbought region. This is a new phase – a  bullish movement.

IMM is now in a bullish mode and price would go upwards to reach the supply zones at 200.00, 220.00 and 240.00.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

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