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From a TA perspective: IOU is showing Fibonacci hit at 9.7c so...

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    From a TA perspective:
    • IOU is showing Fibonacci hit at 9.7c so should go back up from here (good sign)
    • IOU has NOT gotten more than 3 red candles in a row (good sign leading into tomorrow)
    One thing we can all agree to is once this blip from shares is over with it's up, up and away again.

    The big unknown is 'are we done with the selloff' - which it seems we are, given todays low volumes. I agree probably quiet day tomorrow without an Announcement.

    Another good thing... is that at least there has been no 'fluff' announcement as so many companies do to try to stave these things off. The fact IOU has not done this gives them another green tick in my book. They've taken their medicine and faced it without excuse.

    Here's to a better week next week in the hope the sellers have now had their fill..
    Last edited by jbr055: 08/10/20
 
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