IMDS Daily Chart............. Onwards and upwards

IMDS Daily Chart............. Onwards and upwards into the pennies, nickels and dimes!

As I mentioned previously, a move up and over .0012 would bring into play a test of the next resistance point at .0017. Done! And next up is .002. We'll should see that and probably .0024 tomorrow. Obviously, IMDS is quite overbought at the moment, but the intraday pullbacks, which always brings out those that have no clue of how to trade, will be sucked out and left behind. That happened on Monday in the .0006/.0007s on the pullback, it happened again on Tuesday on the intraday correction to .0007/.0008, and we saw the same today with the pullback to .001. And then we have those that yell 'dive, dive' on every pullback only to later cheerlead again. Too funny!

Anyway, those stayed cool and calm, and adding on the dips should be well rewarded over the long hold. Time will tell. In the meantime, congrats to all who jumped on board a couple of weeks back at .0003 and up!