Stock: IMI
Company: Integrated Micro-Electronics Inc.
Support: 12.05
Resistance: 17.40 / 19.00


  • Exhibited a breakout on bullish a pattern.
  • Strong volume.
  • Trading at a parabolic momentum state.
  • Absence of significant resistance of up to 18.90

Recommendation

  • Buy on breakout.
  • Target Price: 17.40 / 19.00.
  • Stop loss level: if pattern invalidated at 12.05.

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