Imagination TV Inc. (IMTV)

[dmlabuda]

Hourly Chart Analysis - The setup that spells LOWER PRICES NOW ... There is a Descending Triangle on the Hourly chart now which in my opinion is a signal that prices are about to drop to at least the $0.005 - $0.006 area and very likely lower.
http://stockcharts.com/h-sc/ui?s=ICPA&p=60&yr=0&mn=1&dy=0&id=p78720387684&a=255878617&listNum=6

You know the thing about technical analysis is that it can be extremely accurate when you know what you are doing. So, if you know that price is going lower, just as I did last week on another stock I had a small profit in, you can sell, capture that profit, and if you still like the stock a few weeks later you can buy even more shares with your profit. Why hold on to a stock that you know is going lower? That has NEVER EVER made any sense to me at all.

Just saying ... there is NEVER a guarantee that prices will recover, especially in a PINK Sheet stock!