AMEX:IMO   Imperial Oil Limited
Hey my friends, IMPERIAL OIL is in a fake bearish push with strong sell volume issued and a marubozu candle shape with a bearish leg. On the TIMEFRAME M1 we can see a marubozu with a slowdown on a large volume of sales past it leaves on its last lowest. Who is in the next bullish breakout gap make his swallow then reintegrate the bollinger to rechecker the different points of it and finish at the top of the stabilization zone to retest it.
Big potential to breakout the price with the return of momentum at the same time the zone to reach a new one and put on the high which follows. With an excess before breakout of the stabilization zone after this test it will move towards the higher of the bullish channel with a check above noting the symbolic figure of 25.00 retained if volatility .
Please LIKE & FOLLOW, thank you!