Impac Mortgage Holdings (IMH)

[fAtnhapy]

I'm just looking at the chart. $10 provided support on the way down as did $5. $5 was the resistance going back up and indeed stopped the earlier run a couple months ago at $4.99. Had we stopped this time at $5 we would have doubled topped and had to go through another consolidation. Once cleared the $5 area should once again provide support for the next resistance. That would be 10ish. That's not to suggest it can't go higher but it would have to get though 10 first. Should be pretty clear sailing to there though.
fAt