IMGN quietly tracing the Ichimoku resistanceAction has been scarce, but we could see a break towards the gaps at 4.36 and 7.22
IMGN
IMGN- Long from 3.27IMGN forming some upward momentum. Just had EMA 9 & 5 positive crossover. Also good positive money-flow divergence.
We think it will go higher form here.
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Time Span: 15:20"
Trade Status:
$IMGN Breakout watch$IMGN has room to $11.70 or 200MA, whichever come first on breakout. Could pullback first before breaking out. Earnings in 2 weeks do could get interesting as we approach that,