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Re: StockStubz post# 1456

Saturday, 12/06/2014 2:08:21 AM

Saturday, December 06, 2014 2:08:21 AM

Post# of 3443
Just draw in previous higher support/resistance lines. They will give you coming price targets.
http://stockcharts.com/h-sc/ui?s=IDRA&p=D&yr=1&mn=0&dy=0&id=p22910261276
If you want to get a little tingly then scroll down to the bottom and click on P&F chart. Just remember a point and figure chart does not account for time in its price objective. Also note LT high in 2009.
Have a great weekend to go with your GREEN week. IDRA

Actually not so weak of a close. Needs very much to get back inside upper bb. If that can be accomplished with a retrace somewhere near the http://stockcharts.com/h-sc/ui?s=IDRA&p=D&yr=0&mn=6&dy=0&id=p44973990711 10 day or higher then this rocket ship is just setting up to ignite the second stage.

It is all about big boy buying and positioning right now. Lot of fund rebalancing occuring between now and year end.

Caution this is the momo side of my brain.....seek for balance in yours. smile