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ImmuPharma (LON:IMM): Solid Looking 40p – 65p Range

Immuphama plc

In some ways there is not too much charting to be done in terms of ImmuPharma plc (LON:IMM) given the way that overall since the autumn the shares have been in a range between 40p and 65p. However, there is more detail as far as the near-term price action which may help us decide regarding the timing of any fresh rebound within the post September range. Immupharma plc For instance since the end of February there has been an uptrend line in the RSI window, something which indicates bullish divergence and a near-term recovery for the shares, most likely beginning within the next couple weeks. Added to this is the way that since the middle of March we have seen decent buying volume come close to the 45p level, towards what was formerly October support. What traders would be looking for now who are technically based, would b

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