As promised, here is my Analysis Summary for ILIV:
Current PPS: .0056
We were fortunate to finally get some white candles during intraday Friday, but we are still sitting in between our 50 and 200MA. This needs a lot more buying pressure to overturn the manipulation that has hurt the overall chart stats. I would like to see some solid positive momentum and less bid whacking to break through all of the resistance barriers that have been created from being pushed down so long and low. The RSI is still under 50 which is a positive note but I believe we will see a dip before another run up. Mark .005 is our support line which we broke on Friday (very briefly) after we couldn't hold above our first resistance at mark .006 Our true heavy barrier and test will be at mark .0083 we will need to surpass that and hold above it before we think about "penny land". I am optimistic about this stock but we NEED a solid PR with substance to make it up there. No fluff, no junk, a headline that states the LOI is done and signed. The run up during Fridays session is only anticipation, nothing more. Let's see something real here. I am waiting.
Thanks for the PM's, I tried to post this a little earlier than my last one! Some people are so impatient (you know who you are)! LOL
