Upside Play: IMMU: Another biotech stock in great position to continue a move and indeed to make us money once again. IMMU broke out 2/9, moving out of a 7 month double bottom base. Over the past two weeks IMMU tested, coming back to the 20 day EMA. That tested the break over the early June 2016 high. Monday IMMU started back upside with a nice crisp move off support. Like it, and as IMMU continues upside we want to play a run up to the mid-six range.
EARNINGS: 5/11 after
ENTRY: 5.25
TARGET: 6.64
POSITION: Stock
http://investmenthouse1.com/ihmedia/f/charts/immu.jpg
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