ITC... had a good run up last week to around the .062 cent mark. Only problem I could see with this is it didnt close at these levels. It then had a another attempt Monday, but again couldnt close at this important level. All its closing postions have been below the .06 cent level. With this in mind, ITC has now fallen back to and closed on its low @ .054 for the week. This is a sure sign of weakness and I would be looking at my stops around .046 cent mark. The .05 cent mark will be a support level but Im not sure how long it will hold. ITC has been in a dist/cons pattern for many months now.. and a break either way has to come sooner or later. For me it looks weak at this moment. As for a break either side ,I'll be looking at around the last week of this month. 20th 21st 23rd of November 09' will be interesting... I'll be watching...good luck and safe investing/trading... :):):)
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ITC... had a good run up last week to around the .062 cent mark....
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