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IMRN
AS OF
May 17 closing price
Price
$2.33
Change
+$0.03 (+1.30%)
Capitalization
13.7M
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GENERAL INFO
© 2013-2024 All rights reserved. Tickeron Inc.

IMRN Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle on May 09, 2024

GET DAILY SIGNALS
A.I.dvisor
at Tickeron.com
05/10/24
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Cup-and-Handle
IMRN - Immuron Limited
Emerged: 05/09/24
Breakout: $2.6
Price: $2.5
Target price: $2.88
A.I.dvisor detected a bullish Cup-and-Handle pattern for IMRN stock. This pattern was detected on May 09, 2024 . The odds of reaching the target price are 6. The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
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General Information

a biopharmaceutical company

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
Chapman Street
Phone
+61 398245254
Employees
6
Web
https://www.immuron.com.au