Eyecity.com Inc (ICTY)

[rich pearl]

ICTY 3 month daily chart

chart is really beginning to take shape for a continued upmove. there lots of momentum, and room for continued accumulation. the bounce off the 5 day line on Thursday was a confirmation of that point being one of support. there may still be a buy at .0005, but it will prolly be meagre and short lived. ultimately this will test the 10 day but i think it will move up first. i'm still looking for a test of .0012 to .0014. from there, if all things stay the same (or get better) this will leg out to .002 and more.

50ma should cross the 200ma within the next week (or so). that will be a final confirmation that the short trend has broken the long trend down line and has set this up for a run. a news worthy event and pr will take over .0025.

one caveat... should it test that .002 too soon, and do it without news, it will prolly be a premature test and the lack of support will bring this back to here quickly.

the game here is slow and steady, try and cull the top, and buy back on the consolidating pullbacks.

of course, all of this is just the rumblings of a mere poster.feel free to disagree with anything here.

good luck to ALL

rich


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