Stock Technical indicators to notice in Image Technology Laboratories Inc. (IMTL.OB)
1- Last bearish trend was from 0.08 $ (5/16/2008) to 0.02 $ (4/1/2009) a 0.06 $ move 2- The current bullish trend started from 0.02 $ at 4/1/2009 and is currently trading at 0.03 $.
4- IMTL.OB current resistance level is at 0.03 which is the 23.60 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Image Technology Laboratories Inc. (IMTL.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.033.
Image Technology Laboratories Inc. (IMTL.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.033.
Image Technology Laboratories Inc. (IMTL.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.033.
Stock Trading Conclusion:
Image Technology Laboratories Inc. (IMTL.OB) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.033, 0.034, 0.043, 0.050, 0.057, 0.080, 0.096, 0.117.
Stock Support levels : 0.028, 0.026, 0.025, 0.024, 0.020,.
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