IMA Stock Chart
By Steve Abraham on May 01, 2007
Inverness Medical Innovations, Inc. engages in the development, manufacture, and marketing of in vitro diagnostic products for the over-the-counter pregnancy and fertility/ovulation, and the professional diagnostic test markets worldwide. Recently, they made a bid to purchase Biosite. The chart is interesting for aggressive buyers. If you want to buy now, I would set a stop @ $38, the low point of the high volume reversal at the beginning of April. The MACD is turning bullish. Here is the chart:
This entry was posted on Tuesday, May 1st, 2007 at 3:04 pm and is filed under Annotated Analysis.
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