Some nice sideways consolidation currently underway. Volume is starting to decrease (positive). We saw a similar decrease in volume during the consolidation through the .09 -.10 during March/April. Highlighted in YELLOW on the volume bars.
Support @ .16, with overhead resistance @ .20.
Looking/waiting for a push through .19/20 (with supporting volume) and a high close for the breakout above .20.
On the flip side, if support @ .16 fails..... down we go....
ISX charting, page-298
-
- There are more pages in this discussion • 1,231 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)