Caff 100 % agree with you that IMOS is a value play/story. Technicals should however be used to trade around a core position. I feel like I have a good handle on price action right here. I'm glad all of the long time board members met up in Vegas. We've discussed this stock for many years now. I"m happy to see you are the person you represented on the message board I honestly didn't know what to make of you for a long time. Congrats on being Right, Long, and having the balls to push management in the correct direction as you protected your substantial investment. Maybe we meet up in Florida one day for cocktails.
Hey guys. Would really appreciate any of you sending some pictures from Vegas maybe with a caption saying who is who. Lets see those smiling faces !! would have really enjoyed being there. Email Jpasc1234. At yahoo.
Would be happy to share My opinion on the stock/ TA work privately. With any of the established old timers.
I like buying at 18.50 Then 17.80 and finally 17.15. I would buy in 1/4's with the last 1/2 coming in at 17.15 which is a fibb cluster as well as the 200 day ema.
I really like the price action here. Very bullish on the stock.
If looking to trade around a core I'm looking to exit half the trading position at 24 and let the other half run to 26 assuming the above gets filled. Good luck longs..