Goals 1.13, 0.97. Invalidation at 1.83 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
Moving iMage Technologies, Inc., a digital cinema company, designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United States and internationally. Its products and services focus on the integration needs associated with the building,...
Moving Image Technologies Inc (NYSEAMERICAN:MITQ) is starting to come off its bottom. The stock saw great buying volume after hours on Thursday and looks ready to test and break $3 very soon. From a technical standpoint it has been trading sideways for the last few days and is showing signs of bullishness. The MACD had a positive crossover last week and the RSI...
Moving iMage Technologies Receives Multiple Purchase Orders for Equipment Upgrades
Moving Image Technologies Inc (NYSEAMERICAN:MITQ) has it on watch for a turnaround next week. The company delivered strong year-over-year revenue growth of 98% last week and predicted a revenue guidance of $12 to $15 million, or 67% to 108% growth over fiscal 2021. Plus, they expect to deliver positive cash flow from operations as well. It can be tough to pull the...