charts for irl

Heres a daily and weekly chart, plus daily and weekly indicators for IRL as at 27/07/09....

On the daily you can see horizontal support at 0.018 and diagonal support coming up from mid march. Resistance is sloping down from the high at 0.039 and price is sitting right near the apex of this wedge. Volume has been increasing over the last 4 days. Today's price would have acrtually closed above that diagonal resistance if it werent for a single seller of $2000 worth of shares in after market trading. Daily stochastics have crossed over and are pointing up, daily MACD has crossed up to the buy signal and histogram is moving up.

On the weekly chart, price has broken out of a downward resistance trendline, and weekly MACD is rising along with weekly stochastics just crossed over and is now pointing up. When your talking about all the major indicators pointing up it doesnt get much better than this IMO.

Market depth is 2:1 on the buy side which adds spice. Also fundamentally this stock is super cheap IMO and should be much higher. This one has had some recent very good announcements also and it seems to be only a matter of time before she breaks out. A recent SPP at 2c brought price down past 2c and is now back on the rise. A successfull SPP which is likely should send this stock off to the races and I believe it is being priced in now.

Any opinons good or bad are welcome.

[URL=http://img27.imageshack.us/i/irlshortterm.png/][/URL]

[URL=http://img23.imageshack.us/i/irlweeklyshortterm.png/][/URL]


[URL=http://img43.imageshack.us/i/irlindicators.png/][/URL]