IntelGenx Technologies Corp (IGXT)

[ID Supermoney]

There are several reasons that I think Monday or Tuesday watch for a rise and DUMP!!

On the weekly chart the upper Bollinger band has over shot badly!!

This on previous times never last very long and come back down!!

The volume is UNNATRUAL as till is almost 11 million to go from $0.46 to get to $0.645!!!

If you look at volume back in March 2013 It took only 2 million shares to go from $0.46 to go to $0.675!!! Which is even higher!!

Also the weekly MFI is about to go into over bought territory!!

http://stockcharts.com/h-sc/ui?s=IGXT&p=W&b=5&g=0&id=p00093536349


Now on the daily chart!

Look at volume in mid Sept to go from $0.52 to $0.62!!

Look at volume last 3 trading days!! This should have gone to PLUTO!!! and it is only at $0.645!!

The MFI is now in over bought territory!

The RSI is over bought territory!!

http://stockcharts.com/h-sc/ui?s=IGXT&p=D&b=5&g=0&id=p47514449416


These are just observations!!

I hope for all longs that I am wrong!!


Still am not in this stock!!

But still think this is trading not right!!

Take some profits and maybe take a chance!!


GLTA


ID