flying 2.70 today ?, page-6

Intersting - I was fiddelign with Fibo numbers yesterday and pretending to do Technical Analysis hocus pocus thingies and this is a past of what I wrote

IPL 2.25 is support with 2.51 minor support (2.49 stop loss ?), above is 3.08 (with minor resistance at 2.8 and then 3.0)

2.63 occurred today so half way between, wait too see if 2.8 is reached and a turn occurs or continuation (volume)

IPL going to 3.08 is likely.

Based on above, HOLD or BUY

Indicators

Volume increasing
MACD is increasing
SAR says buy (just !)
Bollinger mid line is holding, just pushing above (OK), very tight band
ELDER Ray says buy
Stochastic does not have much more to go : (
OBV is good
RSI good
DMA ?
Accumulation increasing
Bollinger tight


Of course I aint no day trader but Sheez it was predictable, Friday is sell day for traders and we got to 2.78 or was it 2.79 (minor resistance)

I still think $ 3 + is on the cards.

time will tell

good luck to holders