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Re: Jupiterean post# 10670

Saturday, 01/18/2014 6:07:24 PM

Saturday, January 18, 2014 6:07:24 PM

Post# of 40503
I agree with what Citrati said. folks should learn to read charts themselves.
its not that hard to do. just takes a little time to get the basics down and then start observing.

In my view,technically, the next week coming for technical expectations.... I see INO sitting now in a coiled up triangle terminal, a flag ,at a top zone.... these coiled terminals HAVE to break in some direction, up or down, and there is usually some force to the move... Technically, I see maybe a 70- 80 cent move . like the plunge before from 3 dollars to 2.30 , 80 cents down from 2.60-2.70 could target 1.80-1.90 area. I might say 1.90-2.10 as a zone to watch for.
IF price rallys up, I see a target around 3.35-3.50 as a target .

my previous post about the big cup that needs to form a handle is in play, an ABC wave 4 structure that hasn't finished yet, might see one more plunge wave down back towards 2 dollars as a buy zone. It could take one week or two months to happen. if it goes there at all.

Good luck to all.

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