SMART MONEY GROUP

[ospreyeye]

ITNS chart: ITNS is "forming" Bullish Piercing Lines reversal pattern today............after forming a very long tail on Friday's candle it looks like ITNS is setting up 4 the reversal........this chart clearly shows ITNS has been riding in the very bullish upper BB channel between upper Bollinger Band @ 0.017 resistance and middle BB @ 0.012 support...........ITNS has been riding the 5, 7 & 10 day moving averages on the way up..........the 10 DMA @ 0.014 support level broke intraday last Friday..........that is the key level to hold and close above today..........it will be bearish if the 5, 7 & 10 DMA's become resistance...........if they remain support ITNS should bounce and retest the upper BB resistance level..........

ITNS on bullish reversal radar..................$$$