Itronics Inc (ITRO)

[Chrion]

technicals


1. two green candle days; should single a new daily uptrend
2. cup and handle pastern
A. handle made a nice bullish wedge, which has now broken
B. now at the top of the handle and ready to break the cup
3. New moon on 2-14 (Sunday/Monday) should drive the next breakout
4. RSI now turning up and over 50
5. volume ready to bounce
6. Stochastics reset and on a solid bullish move
7. Bollinger Bands tight; and signaling a move up
8. Ickimoku Cloud still in tact and showing solid bullish trend on both weekly and daily charts. When we finially break the cup (.0035) it will give another strong bullish crossover and indicate te strongest signal we have seen yet
9. MACD also in a bullish configuration and ready to cross.


Everything is looking good. Cup-and-handle is one of the best patterns to trade.

If you look at the weekly/monthly you will see we are probably headed for another larger cup at 1.8 cents.