Tuesday, February 01, 2011 12:12:21 PM
Each has to be looked at and evaluated as separate entities, but realizing at the same time, that they are related.
This may sound like double talk, but it's the truth.
My forte is the technical aspect. The .15 has proven, without a doubt, to be a very strong TECHNICAL support.
So, no matter what is going on with the stock, insider buying/selling, Market Makers etc etc, as long as the .15 holds, the .15 holds.
And, because it is so strong, if it breaks, then there is big trouble ahead for the pps.
.16 is now building a base for a new support at that level - not yet, but working towards it
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=3&dy=0&id=p79516529219&a=195071609
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