Imagination TV Inc. (IMTV)

[dmlabuda]

Good trade! Yes, there is a bearish divergence now on the hourly chart and in my opinion, it's most likely headed lower. I just looked at it again and the hourly and daily charts appear to be in conflict. That never lasts long. The hourly chart will prevail for the short-term so, I'll watch it for a while and see what it does. It's possible that there will only be a short decline in price. Too early to tell.