Today we will analyze the stock INTERMAP TECHNOLOG CLASS’A'COM (IMP.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in INTERMAP TECHNOLOG CLASS’A'COM (IMP.TO)
1- Last bullish trend was from 0.29 $ (5/2/2012) to 0.30 $ (5/3/2012) a 0.01 $ move 2- The current bearish trend started from 0.30 $ at 5/3/2012 and is currently trading at 0.26 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
INTERMAP TECHNOLOG CLASS’A'COM (IMP.TO) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.380, and is currently resisting at 0.289.
INTERMAP TECHNOLOG CLASS’A'COM (IMP.TO) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.080 $ height triangle which was broken up at 0.390, target of the pattern is 0.470 which was broken down at 0.440 in higher than usual volume, target of the pattern is 0.360.
INTERMAP TECHNOLOG CLASS’A'COM (IMP.TO) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.080 $ height triangle which was broken up at 0.390, target of the pattern is 0.470 which was broken down at 0.440 in higher than usual volume, target of the pattern is 0.360.

Stock Trading Conclusion:
INTERMAP TECHNOLOG CLASS’A'COM (IMP.TO) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.269, 0.275, 0.280, 0.285, 0.289, 0.300, 0.470, 0.567,.
Stock Support levels : 0.080,.