Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 5/9/2013, 12 days ago, when the stock price was 8.9300. Since then IMMY has risen by +4.59%.
The bulls are strong. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security, but with a more cautious attitude.