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Thursday, November 19, 2009 12:35:51 PM
The MACD for IMGG currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
RSI
The RSI recently dropped to 53.59% from above the critical level of 70. This signals that IMGG is no longer overbought and the internal strength of the stock appears to be waning.
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