breakout people, page-10

stgeorge,

inl now has closed above 9,18, and 27 day ema for the 2nd day in a row, and 9 ema is crossing the other 2 which will signal the resumption of the uptrend imho.

macd should show a buy signal tomorrow if inl closes at or above 25c....not guaranteed, but fairly likely.

also the hourly chart looks really strong which adds to the case for continued sp strength.

the fundamentals on inl are strong and now the selling looks to be over for the moment so i would expect a return to sp growth over the short-medium term.

i bought for the medium to long term so short term weakness isn;t bothering me on inl. good to see the strong support in the 23c range though----gives a solid foundation for the next leg up.

27c still the key resistance here as that is where the last rally stalled and ivn came in so we'll have to see if there is enough buying pressure to push right through

dyor as always

i hold