Tuesday, August 05, 2014 11:43:57 PM
http://stockcharts.com/h-sc/ui?s=IDRA&p=D&yr=0&mn=6&dy=0&id=p08618922367
Note price is still contained below bb mid line.
RSI has not broken through 50.
ADX has not confirmed yet.
10 day needs to up cross 13 day and both need to up cross bb mid line.
Resistance will be 2.85 first level if we get the above to sync positively. 2.85 is the 50 day and 2.87 the upper bb.
The chart is improving nicely, but all systems are not go yet. Have to break the trend of lower highs and lower lows. Draw the downward recent top trendline which is present resistance. We must begin closing above that line.
GLTA
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