InCapta Inc (INCT)

[chartist1]

TECHNICAL UPDATE:

Many good things to report here:

1)Chaiken Money Flow rocketing much higher on the daily chart

2)50dma is turning up for the 1st time since April

3)Volume is coming in on the breakout above resistance

4)Broke free and clear of the downtrend-line and the 50dma that had been a ceiling on price since May

5)MACD soundly swinging positive on the weekly chart (big event)

We now have horizontal resistance at today's high (this is the congestion area of the July and Aug. highs and the May and June Lows)....line can be drawn through many common points from all these mentioned areas...hence "congestion" area.

What to look for tomorrow:

a) A gap up and close in the red would be bad news and a likely short term high would be put in

b) an open lower and close lower, BUT higher than yesterday's low could be healthy as this is called an "inside day"...body of the candle is fully inside the body of the prior days candle and this is often a good consolidation period after a good run

c)A run higher with strong close would really sound the bullish alarm as horizontal resistance would be broken and a run all the way to the 200dma at.0078 would not be out of the question.

All things are looking very healthy at this point....very different than prior spikes.....why? we have built a very firm base (unlike prior lows)at .004 that will act as very strong support for this rise and the other indicators I mentioned above are stronger than at any time since either April or May of this year.

Chartist1