IMX 80% move Incoming? Strong Case for Head @ Shoulders setup.Not financial advice and all charts are posted under current market conditions .
Please do your own research.
IMX has a strong setup here that has me to believe a leaning head and shoulders setup is playing out with entry in the range of around .50-.52c.
I believe below this was a bear trap and as long as .50c area holds we can aim for a target of around 1.00-1.11 range upon completion of head and shoulders.
You can even take profits as it moves up.
Again .50c is key to hold overall.
Risk to reward favors Reward by roughly a little over 80% .
Not to shabby.
Also of note we are holding the bottom channel of the Gaussen channel currently with the bottom of that channel spiking up. Also a great sign.
Lots of hype and and good crowd backing behind this project.
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