Itronics Inc (ITRO)

[Chrion]

Hey Fed,

I can tell you that ITRO really looks ready to launch. There's only one more movement that needs to happen to lock-in this entire good situation we've all been waiting for.

On the positive side

1. Bouncing nicely off of RSI 50
2. Latest retrace was on light volume, (confirming retrace vs. trend)
3. MA Golden Cross
4. MACD curling up still very strong signal and significantly over the 0 line

All of these things offer that ITRO is consolidating now in the low to mid 20's before the next launch. Any entry between .0020 and .0030 is decent. The next move should take us much higher at least over .0050 and possibly higher then that.

The big question is timing, I can tell you that in actuality this could go anytime between now and end of this year. The gigantic pattern that has been forming on the weekly and multi-month charts is almost at it's culmination.

Here are some scenereo's that would continue to represent (and confirm) a massive bullish trend

1. This week: ITRO breaks .0030
2. Next week: ITRO breaks .0025
3. 3rd week: ITRO breaks .00225
4. After dec/31: ITRO breaks .0020

If any one of these scenereo's come true it will *confirm* a massive (massive) uptrend. This is why I am so happy about this chart now.. You can see that the trend line is 'coming to us' and the price is holding and gaining strength. The indicators are all strong (check out weekly MACD).

When we get this finial confirmation you will likely see a huge surge in volume.

I have 4.5 million shares and wish I could double it or at least add a million.