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Thursday, November 13, 2014 12:54:23 PM
Matt, how do you read this chart? The trend has been solidly down. One should always consider the trend when trying to figure the next move. To me, since the trend is down, it looks to me like the stock is consolidating in a range from about .20 to .30 cents. The stock would have to break above .30 on volume and then follow through the next couple days like LIQD did to confirm a reversal or a solid bounce. otherwise, it looks to me like IMRS is consolidating its next move down. What's your opinion of this chart?
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