Tuesday, July 12, 2011

Imperial Petroleum, Inc. (IPMN) Video Chart for Tuesday, July 12, 2011

IPMN is a good example of a chart that is in a position to move. The stock has been extremely bullish, climbing for many months, and is now at a resistance level once again. In this particular case, the candlesticks define solid support and resistance levels that will catch the eyes of technical traders.

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