IMTC has been doing very exciting things since I last alerted you and so I hope you are at the very least, keeping a close eye on it.
As you know the company is in the middle of a really big announcement which Wall Street seems to be lapping up.
The stock has been moving north since strong consolidation in the .40s and right now IMTC is printing fantastic new highs. IMTC seems to be heading towards its 52-week
high of .84 cents.
Highs of up to .68 cents have been recorded in the last few days which tell me one thing:
IMTC is blazing a new momentum trail!
Wall Street seems to be snapping up huge chunks of the companys gain potential and a combined 10 million+ shares have been traded in the last 5 days. Theres very little doubt in mind that right now is the best time to enter IMTC The 20-day MA is up 233%.
These numbers are a very strong calling cards folks, and it leaves very little doubt that IMTC is heavily involved in an uptrend.
How far will this go, and more importantly, how long will it last?
Its really difficult to tell but I know two things:
1. The completion of the RFID-enabled mobile payment solution will be a huge catalyst for upward movement
2. The 52-week high of .84 cents is clearly no match for the blazing speed at which IMTC is currently travelling
3. Those that act before the masses on wall street are the ones that reap the rewards.
If you are on the fence, get off it as soon as you can because IMTC upward trajectory is clearly headed towards breakout.
Wheres theres a breakout there are gains so dont hesitate to move on IMTC.