IMI Emerging Bearish Crab - August 12, 2014
It seems that IMI is forming a Possible Bearish Crab Harmonic Pattern with Potential Reversal Zone (PRZ) at 7. Stochastic is near the Overbought level. RSI (30-Days) is at 71.32. If the PRZ will not be respected the next resistance is at 200.0% Fibonacci Extension. Caveat....
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