Imagination TV Inc. (IMTV)

[PfeiferInvestments]

I know! Forgot to make a note... Anywho.. That's actually a good thing. People were freaking out because the RSI was so high. The fact that is has cooled off is perfect, it seems to create better comfortability for the investor. Momentum is not waning, look at MACD and ADX.

With that said, any stock can go down or up; as on any day it can rain or not rain. It takes MORE than just a chart to say what is going to happen within any realm of certainty. When you factor in the existing fundamentals in addition to the expected news this month, IE) the ClearVision deal, EZVip.com follow up episode and viewing party, Q1 2012 financials, etc.. you have a lot of reinforcing information to support the chart.

Combining the two is how to truly analyze a stock and/or company accurately.