ITRM is an interesting looking chart and seems to be following the Fibonacci track pattern targets closely. 3 dollars is a definite target and higher targets at 3.40/4.00/4.40 and 5 dollars is possible. but right now is a target resistance area around 2.25 to watch for. the pullback plunge today was a curious thing. This larger chart picture looks like a possible 10 bagger from 50 cents to 5 dollars. but for now, I think pullback still has targets from 1.25 to 1.50 area and a double to 3 dollars as a next target looks hopeful. the pivot points on the chart you can see from past waves. looks ready to get retested. 3.00/3.40/3.80/ etc... to 4.00/4.30 I wouldnt get excited for pie in the sky past 5 dollars at this cycle though. These are just my first impressions of the chart. I dont know anything about the company . why it would plunge down in the last few years to 50 cents, and now it is making a turnaround rally . In my view, that spike to 2.99 was excessive. I like the lower target zone around 2.25 to watch for resistance. but the next rally could reach 3 dollars.
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