My Brief Analysis on ILIV: The chart structure has a few things that are a bit of a concern. The 50MA looks like it has flattened out a bit and does not look like its inclining anymore. The 200 is quite a ways lower which may be of more concern being that we have been sinking closer and closer to .004. When the PPS had the great spike there was a jump between .002 and .004. This is of concern due to the fact that if we do drop below .004 there won't be any strong support to hold us up until .0029 (chart wise) which is the 200MA. Remember this is being manipulated I'm sure there will be large bids between .004 and .0029 to help hold the PPS up but this is an analysis not based on possibilities and probabilities. If that major support (.0029) breaks for whatever reason we will see .002 without a doubt. The candle charts show the gap from .002 to .004 and we HAVE to hold .004 otherwise this can get extremely ugly very quick. On a positive note the RSI is only in the mid 30's and we are still in oversold territory. This can have a reversal with some serious buying pressure to boost it but we need the upward momentum which we are lacking. The most probable way we'll start seeing some green is a solid PR about the LOI. That is what everyone seems to be holding and longing for. Until that happens we will have the drastic fluctuations and heavy manipulation we've been having. If you can and know how, I suggest to play the swings which is what I've been doing (with a small LT hold as well). Once things start turning around I will load heavy for the big movement up. As I stated before please take caution on trading this, its been manipulated drastically and still currently is which is really hurting the charts. I am not saying this will continue down or finally turn back around, this is my analysis to help everyone understand what's currently going on. With heavy manipulation there cannot be a definitive say to which way this will go based on charts alone that is why I normally state daily predictions based on the ratios, trade exchanges, and MM distributions. If anyone has any questions feel free to ask I will try to respond to them tonight. Thanks and hope this helped to all the ones who've been asking for it!
