$IMXI another Relative Strength Setup$IMXI is also looking promising and showing that relative strength that you should be looking for in a bear market.Longby TaPlot229
$IMXI is one to keep a close eye on as it builds a pivot.Technicals: * Very good earnings quarter over quarter * Steady up trend and seems to be starting a new leg higher * Sector: Technology - Information Technology Services * Relative Strength vs. Sector: 4.17 * Relative Strength vs. SP500: 7.42 * U/D Ratio: 1.45 * Base Depth: 27.85% * Distance from breakout buy point: 12.87% * Volume -24.65% below its 15 day avg What to look for: * Broke out of an 18 month base with tonnes of volume * Is now building a smaller base after a ~41% move * Consolidating price action with decreasing volume indicates that sellers are running out of steam * Look for a break/close above $21.8 with volume.Longby HaseebKhan_903
$IMXI broke out with a tonne of volume! Will it hold?* Great earnings * Possible start of a stage 2 up trend * Sector: Technology - Information Technology Services * Relative Strength vs. Sector: 2.82 * Relative Strength vs. SP500: 4.8 * U/D Ratio: 1.53 * Base Depth: 27.85% * Distance from breakout buy point: 7.07% * Volume 153.75% above its 15 day avg. Thoughts: * This, at the moment, seems short term extended and may offer a pull back entry. * Looking at the weekly/monthly charts it does seem like the start of a stage 2 up trend. * If it does offer a pullback entry, the best case scenario would be a buy opportunity around the $18.96 area. * Given how it broke out, it may consolidate around the highs for a while and offer an entry somewhere around there. This is one to keep an eye on for sure. Trade Idea: * Not actionable at the moment.Longby HaseebKhan_903
IMXI hop on the money expressBreak of channel here, wait for slight retest on a lower timeframe and look for entry to top weekly trendline where the major resistance is.. I will enter on buy confirmation on a lower timeframe if it lines up with my other confirmations. Thank you! Good luckLongby Verum02
IMXILooks like IMXI may have found support at 15.91 (100% fib retracement) Resistance at 16.46 and the first target of 16.85 and then 17.27Longby Master_of_Fine_Charts1