Funny, lot's of responding to the 'basher' here. I just like to ignore those kind and let them be. No one will be able to stop them from typing unless you break their fingers in the car door. LOL -
I believe IFSL will run back up and pass .004 resistance but it will be interesting to see who stops posting for a week. Of course it would be nice to see a green close to avoid seeing Mr. basher post here for a while.
Classic!
Now, regarding IFSL, it's obviously been in a consolidation phase, pull back, profit taking, what ever you want to call it. I'd tend to think it will hold the support of .002, which it has so far, and make it's way back up and pause in the .003's again until more news comes. Or it runs like crazy based on the powerful chart pattern, which is still in an up trend.... for now.
Also, today is the 3rd day since touching .002 and it's low is higher than the past 2 days, higher lows. Also, today's range is tighter than yesterday's and the day before, so either we move back up, or break support...technically speaking.
GL
Erik
