IMAX looks good

Discussion in 'Stocks' started by Bullverine, Jul 11, 2011.

  1. IMAX has been punished alot lately for no good reason. Now the last Potter movie is coming out and the stock is already below its 200 day MA and near major support at 26. Might be a good time to start a position. Thoughts / comments?
  2. closed below the raising 200ma support, wait for tomorrow/this week to confirm it will bounce back to 200ma.
  3. Competes with RLD.

    Beta vs VHS

    Both replaced by DVD
  4. Looks like it barely crawled back to above 200MA