CHART Thread, page-1185

Hi all,

A decent and welcomed close today.

I have been watching the tape of IHL very closely this week, and in conjunction with seeing the way that a buy order of mine at 0.390 was sold into, I am confident that there was an aggressive seller at 0.390 and possibly was using a 'bot' to execute. With that said, I beleive that seller may have now ceased, or has now moved up to 0.395 - albeit the sell-style at 0.395 appears to be slightly different.

The is also 'capping' strategies at play, and, fake orders in the offer (sell) - this is very clear when watching the auction post 4:00PM all of this week, in fact, it is too obvious, as most sell orders that are below the closing price during the post 4:00PM auction get pulled just before auction close at 4:10PM. I'm sure I am not the only one that has noticed.

Like @Chaya, I too will disclose, that I increased my holding again today.

Yesterday's and today's daily chart statistics along with live tape analysis, tell me that the prevailing short-term down trend (pullback) and sideways trading range may be running out of steam, and when you take into consideration the multiple near-term catalysts, specifically the EGM this Friday and what may positively ensue, I'd suggest that this is now primed for a bullish reversal (one may even suggest that the reversal was initiated from today). I don't like to use hyperbole, however, a wound-up coil comes to mind..... Let's see how tomorrow goes, however, I'm content with this sideways trading range for the time being.

This post is NOT advice, and is my personal opinion only. Please, do your own research.