Posted On: 01/09/2016 3:34:18 AM
Post# of 446
IFBC
the Chart is quite a bit better now.
The RSI has come back down below 70.
The Full Sto Looks healthy.
The MACD is still consolidating.
Volume is low, and share Price fluctuates a lot.
Thursday, the shareprice bounced off of the MA(50) at .01
Friday it seems to be finding Support at the MA(20) at .015
next important Support will be MA(7) at 0.0167
For me, this is a very bullish consolidation. The bounce off of the MA(50) was a low-volume kiss. Hit the resistance, and reset the chart.
Upper Bollinger Band is now just over .02, so we have room to the upside.
I keep thinking - it's gonna be a great 2016 at IFBC.
prof
the Chart is quite a bit better now.
The RSI has come back down below 70.
The Full Sto Looks healthy.
The MACD is still consolidating.
Volume is low, and share Price fluctuates a lot.
Thursday, the shareprice bounced off of the MA(50) at .01
Friday it seems to be finding Support at the MA(20) at .015
next important Support will be MA(7) at 0.0167
For me, this is a very bullish consolidation. The bounce off of the MA(50) was a low-volume kiss. Hit the resistance, and reset the chart.
Upper Bollinger Band is now just over .02, so we have room to the upside.
I keep thinking - it's gonna be a great 2016 at IFBC.
prof
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