this was a very nice day of trading for INMG. there were some aggressive bidders late in the afternoon who made their presencee felt. volume spiked and nearly all the indicators on the chart turned positive. i think this action will carry over into tomorrow's trading.
on the chart, linked back a post, it looks as if support is coming to .011. and if that holds, as i suspect it will, there should be a test (possibly in short order) of the recent high at .014. going further, i would not be surprised for a volume run toward the year high of .032. the tipoff will be the 20ma moving through the 50ma --its an early golden cross.
of course, any coming run is still volume dependant, but today was a step in the right direction. tomorrow could be a lotta' fun!!
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