IMTE 1M test
Integrated Media Technology Ltd. is a technology investment, product development and distribution company. It engages in developing, manufacturing and distributing of 3-dimension display equipment and wholesales audio products. The firm focuses on the business activities in the sale and distribution of autostereoscopic 3D display, 3D conversion equipment and software, development and sale of 3D autostereoscopic technology and provision of 3D consultancy services. Its products include Glasses-free 3D Video Wall, Glasses-free 4K 3D Display, 4K3DPro Super Workstation, Visumotion, Glasses-free 3D Mobile Devices and MemtoTM Picture Frames. The company was founded on August 8, 2008 and is headquartered in Adelaide, Australia.
IMTE trade ideas
IMTE priming for a pumpSmall cap tech company with low float and a very long period of accumulation last year and some big volume starting to flow in recent months. Once the downtrend breaks, it could really fly. Seems to be reactive to fib levels created between ATL and ATH. I'll be taking some profit at each fib level, hoping to reload during retraces. Let's see what happens.
$IMTE entry PTs 4.25-4.35-4.50 Target PT 6-9-15 and higher UPTRENDING TRIANGLE
MULTIPLE BOTTOMS, WYCKOFF RE-ACCUMULATION PHASE; EXTREMELY STRONG SUPPORT
As we can see the new Uptrending Triangle indicated by yellow trendline and Multiple Bottoms at the local support line which is representative of Wyckoff re-accumulation phase before the next spike that will create higher highs, it will rise and retrace before the huge pending spike that will be formed due to some fundamental news/catalysts hence forth...
$IMTE entry PTs 3.70-4.06 Target PTs 8-9-10 and higher Gradually creating higher highs
Integrated Media Technology Limited develops, sells, and distributes 3D autostereoscopic display (ASD) technology products and services in Australia, Hong Kong, and China. It offers 3D conversion equipment and software; ASD video walls, ASD digital signage displays, ASD PC monitors, and ASD mobile phones and tablets; and 2D/3D content management and distribution systems. The company also provides 3D super workstations for content conversion of 2D videos to 3D mode for the TV and movie industry; and VisuMotion, a set of software designed for 2D to 3D conversion, as well as 3D content creation. In addition, it sells and distributes switchable glasses; and offers 3D consultancy, management, and trading services. The company was formerly known as China Integrated Media Corporation Limited and changed its name to Integrated Media Technology Limited in October 2016. The company was incorporated in 2008 and is headquartered in Wan Chai, Hong Kong. Integrated Media Technology Limited is a subsidiary of Marvel Finance Limited.
IMTE: Bullish Pennant (68%)Bullish Pennant (68%)
Pros:
Volume during post formation
Descending volume during triangle formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 4
250RSI above 50 and ascending
200MA ascending
Target:
PT = 11.91$
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$IMTE stock surged on NFT hype craze$IMTE surged 86% with no apparent reason other than bullish sentiment on social media along with the companies connection potential connection to the non-fungible token craze.
Integrated Media, which says it focuses on glass free 3D display technology, is being touted on social media outlets such as StockTwits and other areas.
seekingalpha.com
IMTE Bullish OutlookHello,
What is IMTE?
Integrated Media Technology Limited develops, sells, and distributes 3D autostereoscopic display (ASD) technology products and services in Australia, Hong Kong, and China. It offers 3D conversion equipment and software; ASD video walls, ASD digital signage displays, ASD PC monitors, and ASD mobile phones and tablets; and 2D/3D content management and distribution systems. The company also provides 3D super workstations for content conversion of 2D videos to 3D mode for the television and movie industry; and VisuMotion, a set of software designed for 2D to 3D conversion, as well as advanced 3D content creation. In addition, it sells and distributes audio products; and provides 3D consultancy, management and trading. The company was formerly known as China Integrated Media Corporation Limited and changed its name to Integrated Media Technology Limited in October 2016. The company was incorporated in 2008 and is headquartered in Wanchai, Hong Kong. Integrated Media Technology Limited is a subsidiary of Marvel Finance Limited.
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