Intertainment Media
Connecting people with brands, Intertainment Media is a Rich Media Applications leader, focused on delivering solutions enabling clients to power enhanced branding, loyalty initiatives and consumer engagement
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Intertainment Media Inc. (TSX-V: INT) You really have to be careful with Intertainment Media right now... The candle with the long tail (or wick) that peaked at $3.35 is called a Piercing Buddle or a Piercing Arrow and its name describes what it does. Pops the bubble that was created and blows the euphoria. Yesterday was a down day as expected after the Piercing Arrow and today I also expect another down day and will have given us 3 red candles after an exceptional run. From there I'm going to start looking at taking a swing position in it as we often see some rebound from this type of formation. So be careful, next support is the $1.00 psychological support and the technical support is at $0.95 then next minor support is at $0.76, so it "play, don't stay" right now.
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Cheers!
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CGB
City
Richmond Hill
Rank
Vice President
Activity Points
1114
Rating
Your Rating
Date Joined
01/09/2008
Intertainment Media
Symbol
INT
Exchange
TSX-V
Shares
372,477,279
Industry
Technology & Medical
Website