Yesterday, Intelimax Media Inc (OTC:IXMD) climbed to $0.37 on the stock chart. The movement represented a 15.62% increase as compared with the previous close.
The trading volume also bulged up and reached more than 148 thousand shares. In other words, the trading activity was nearly five times higher than the daily average.
Half of the generated volume was comprised of short transactions, as reported by FINRA. The number of shorted shares reached 75 thousand.
Having finished at $0.37, IXMD overpowered the 50-MA. At the same time, the MACD kept its bullish mode after it bounced off its 
moving average earlier this week.
Apparently, investors will have to follow the signs of technical indicators in order to build their short-term strategy with IXMD stock as there has been no news and reports form the company this month.
