Now, I’ll be the first to admit that I am not very familiar with IMCO as a company, but I know a good-looking situation when I see it, and IMCO looks like it is ready to bust out to the upside, and I want all of my readers to be knowledgable about this situation and to keep it on your watchlists. IMCO had a very strong day on Wednesday, trading up over 12% to finish the session at $8.29. Volume was heavy, with over a million shares traded, compared to a normal daily average of just over 200k. IMCO closed two pennies below its 52 week high of $8.31, and also closed right at its high of the day on Wednesday. This stock is screaming Breakout right now, and I think it goes quite a bit higher this week. Just my opinion.
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