Imperva Incorporated ($IMPV) has been public for a little over a year now and has had a successful run so far. After pulling back to the 50 SMA last week, Imperva has quickly managed to reclaim the key moving averages and begun to show strength again. A hold above $37.75 in the coming days would show commitment to the last three days as well as establish a clear momentum level or bull flag pattern. Imperva is currently ranked number seventeen on the StockTwits 50 List, and has been on their for six consecutive weeks. Earnings are on May 2nd so be cognizant of that if you so choose to enter a position. Click to enlarge chart.
Post By – @BenCBanks
» Technical Spotlight » St50 Technical Spotlight – Imperva Incorporated