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  4. Imagination TV, Inc. (IMTV) Message Board

I'm not normally a big "chart guy" when it comes t

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Post# of 45510
Posted On: 04/16/2013 4:15:10 PM
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Posted By: armysldr
I'm not normally a big "chart guy" when it comes to alot of stocks, but i do use the tool at times and i do know how to spot treands. Looking at the 100 day, 50 day, 20 day, 14 day and 5 day pps, RSI, etc, i can honestly say that PNCH is going to have a major run over the next couple of weeks. Looking at the 100 & 50 day- .02 is the first resistence point with .05 being the next real resistence after the .02 break. Right now (20 day and less) the real resistence is .008-.009 range with the next resistence being at .015+-. Once the pps breaks through .05, the we'll see the pps move pennies a day. I'm happy with the K that was released, it showed what I was looking for-growth, 2013 is going to be sustaining this growth (and adding to it) and most importantly adding revenue, Q3 & Q4 of 2013 are going to be "the big ones" for PNCH IMO.

I'll admit, that the pps thus far has been quite frustraiting at times, but that is just part of the game. The pps will correct itself eventually and there is nothing that anyone can do about this, period. Keep the positive posts coming on here and "the other board" and those new investors will be forced to see the good along with the bad when doing their DD, and not just one side of the story.


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