Thursday, June 29, 2017 12:11:16 AM
4, 8 and 13 ema's nicely stacked above the midline and all rising.
rsi in power zone, macd strong, CMF and A/D positive. Price still bouncing and rising off the 13ema while trying to maintain above the 4ema. All positive IMO.
This same zone 1.80-1.88 is a key market structure support/resistance as shown on VbP bars before making the next possible move higher. Then throw in the p-pivot and this is a tough resistance area, but could become huge support. Wouldn't that be nice.
Conclusion: I am holding unless chart goes negative.
All IMO and not advice for others.
Disclaimer: I can tend to be an optimist so consider that as well.
http://stockcharts.com/h-sc/ui?s=IDRA&p=D&yr=0&mn=4&dy=0&id=p70996102576
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