Dratoz & Ocracoke
Re; " ... I am not a TA expert, but I have done some reading and used this knowledge to my advantage on a few occasions. ... "
Ibid [not LOL, in fact still crying over splilled milk - LOL]! I am still discovering what works best for me but atm I would describe myself as an opportunistic investor - my experience commenced at the top of The Market in June 2007 floowing all that advice from market experts, analysts, brokers etc! Adding TA to FA has already enabled me to recoup more than half the losses buy & hold inflicted on me.
FWIW I currently hold IGR based on its speculative fundamentals but chose entry points based on TA - trading decisions should come from the Daily Chart, not the Weekly!
These are the basics of what I currently see:
Daily Chart: Bullish but poised atm ...
Weekly Chart: Mixed signals
The loss of volume on both charts suggests people are awaiting direction [as noted by HC posters].
Daily Chart for IGR:
Weekly Chart for IGR:
4YIO - NFA - PDYOR
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