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124 Posts.
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22/09/19
15:25
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Only the very brave would attempt to make a short term prediction regarding ISX due to it's volatility.
But here goes, my unqualified guesstimate is upwards on Monday.
Reason for so bold a statement.
According to my 10 Day Hourly Chart, Oversold Indicator and nice Candlestick bounce off the Lower Bollinger Band on late Thursday.
On Friday we had the 7 Day EMA Crossing upwards, MACD Crossed upwards, and the RSI was attempting re-entry above 50.
$1.00 seems to be somewhat of a Resistance Line at the moment, so we will see!
Of course egg across face a likely conclusion for me!
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