IMG @Support

Hi All,

This is zulu_trader from iii kicking off this forum on technicals and hoping to learn from this great community.

Posted this on ii cv and thought do the same here.

Took a small position in IMG with stops at 430. Looks like it bounced of support with a macd divergence if there is such a thing.

rt6.t.prorealtime.com/ProRealTimeNew/sho...=33e832e903e34942714

your views most welcome.

regards, Amin

updated link
rt6.t.prorealtime.com/ProRealTimeNew/sho...9c45e73ef7ed774c7ab0

that looks like a good trade. it bounced of the support nicely
remo

I'm in a small profit here and looks like its going down. Not sure whether to take profit or wait it out and see if it hits my stops at 430. Any suggestions? Any s/r most welcome

Regards,
Amin

dl.dropbox.com/u/4899609/img26thoct.png

support.445.40(gap),, 429,,415
resistance. 485.40(123 low breakout point),,530,,549.5,,612,,645

This looks like its forming the 123 low so once this breakout past 485.40 then possible trend reversal.
Definitely one to keep on your watch list.

dyor
remo

Hi Remo - the links below do not open for me. Is it because I am on a Mac?