| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 3/21/2006
Posts: 4,308
|
Look at the way BOP & TSV are steady as the price is droping.. I have seen this pattern before, keep a close eye on this, I think that sometime this week we will get a bounce that you can profit on..
As always just (IMO)..
Apsll..
|
|
Registered User
Joined: 3/21/2006
Posts: 4,308
|
Pre-Market activity.. Tobydad was the one that mentioned this a while back.
Could see the bounce today!!!
|
|
Registered User
Joined: 8/12/2006
Posts: 83
|
Apsll - As per Intraday chart - IFON seems to be ready to test the lows of 4.90 established 2 weeks back.
If it does not recover tomorrow, It will be a long slide
Are you still bullish on this stock ?
Just wondering, ...
|
|
Registered User
Joined: 3/21/2006
Posts: 4,308
|
Zag, I am sorry it took so long to get back to you on this..
Yes I am still bullish and I bought in at $5.00 yesterday, with a stop loss at $4.85 right below the low of March (IMO) the lows of March & April are curent suport levels for this stock..
The strong BOP and the fact that TSV has not plumited during this pullback leads me to belive that somthing is going on... On Zoom 3 look at the way TSV is hugging the zero line IMO that indicates accumulation.
Look at Wilders RSI 15,15 I find this to be a leading indicator during this pull back it has continued North.
There are other reasons, but please be aware that these are only my observations and not meant as anything else.
Good Luck..
|
|
Registered User
Joined: 8/12/2006
Posts: 83
|
IFON - had an UP day on Friday and Opened higher today after sliding for 2+ weeks.
Chart looks interesting.
|
|
Registered User
Joined: 3/21/2006
Posts: 4,308
|
Be careful with this ZAG it ia a highly volitile stock...
|
|
Registered User
Joined: 8/12/2006
Posts: 83
|
IFON jumped 11% today with 700% increase in volume.
Just the beginning of things to come...
|
|
|
Guest-1 |