IMX - Good Week Ahead
Last Night, We added to IIMX at $2.95. Here's why...
On the weekly timeframe we created a dragonfly reversal doji. The last time we had a doji similar to the one price just created we rallied almost 100% over the next month. Very good RR here with stoplosses below the wick.
Also, our RSI on the weekly just bottomed out at the same level we did previously (green arrows).
On the weekly timeframe we created a dragonfly reversal doji. The last time we had a doji similar to the one price just created we rallied almost 100% over the next month. Very good RR here with stoplosses below the wick.
Also, our RSI on the weekly just bottomed out at the same level we did previously (green arrows).
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