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$INIV at .19 daily chart is in what we call a wedg

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Post# of 25580
Posted On: 02/13/2014 8:13:15 AM
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Posted By: mrchipper
$INIV at .19 daily chart is in what we call a wedge formation if you look back to last november ,, also notice that All the moving avg. lines are in order showing the 200 ma line on the bottom as it should be . Both the rsi and mfi are in the power zone and on a nice up slope angle. Look for a wedge break out here as we look to retest these recent high at .25 the last area of resistance before blue skies



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