ImmunoGen Inc. (IMGN) – stock is trading around $3.48 dollars as of November, 20, 2019 and offering a possible buying price between $3.47 – $3.64. Let’s look at the stocks technical actions using a weekly chart.
2. The stock started to decline rapidly once its 200 day moving average (DMA) crossed over the 50 DMA.
3. After a brutal decline the selloff finally bottomed out in June and the stock regained the 50 DMA recently.
4. It also regained the 200 DMA.
5. The stock’s 50 DMA yet to crosser over the 200 DMA, though.
6. The stock is offering possible buying price between $3.47 – $3.64, with a stop loss at $3.19.
This stock is already part of the Stocks Under 10 Dollars pick and performance will be tracked here .
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