Imagination TV Inc. (IMTV)

[PfeiferInvestments]

WEEKLY CHART - BUY! INDICATION

Pull up a weekly candlestick chart for ICPA.
Add Exponential moving averages, EMA12 and EMA26.
Today, the EMA12 crossed above the EMA26. These are very popular moving averages to time entry and exit points. Whenever a faster moving average crosses the slower, it is a BUY! indication. You can apply moving averages to any timeframe and scale, however, when applied to a weekly chart, it gives us STRONGER indications because it's using more time than say a 60 min or daily. This is important for us longs, as we are here for the long haul, so the bigger picture is important. This tells me we can expect to see a sustained uptrend, continuing to post these GREEN weekly candlesticks!