Itronics Inc (ITRO)

[Chrion]

Couple things

1) Daily chart; notice that we have a nice cross candle stick looks like it will close inside the daily BB. Also, look at the MACD at the previous corrections. It's not unusual on the ITRO daily chart to have the MACD break the 0 line just barely before it jumps up.

2) Weekly Chart
Check out the Boillnger bands here; It's just touched the midline of the Weekly. I didn't say this last week; but i anticipated we might have a short dip into the mid 20's when looking at the weeekly chart. Technically; we could even touch the lower band before shooting up, but I don't think that is as likely. When the price comes down like this, it will make the weekly bands tighten up more. If it didn't do this and we kept going higher we would likely be pulled back down and stall out much sooner.

I know we all hoped it would just keep that perfect little bullwedge on the handle and fly up; don't get discouraged yet.