Replies to post #20001 on Itonis Inc (ITNS)

[MrBlackLungs]

As for you question about the golden cross, the golden cross occurs when the short term moving average crosses the long term moving average. Based off my chart, the golden cross occurred somewhere between march 17th and 24th and shot up ITNS up from somewhere around the .004 range to .029. I wouldn't expect to see another golden cross anytime soon. However, the RSI is currently sitting at 39.46 showing way oversold. With new support sitting in .008 range after Friday's trading, I would suspect that we continue to test the support given that the macd has yet to curl. Overall, it looks like the downtrend is nearing the reversal but then again... it is still a pinkie and the volatility can crush an indicator at any time.

[hebroots]

Tech Analysis is created to give a hundred different takes on 5 items: open, close, high, low, volume

that, and watching Level 2, is entertaining, but mostly smoke and mirrors

there are a zillion coincidences that can make one look correct.

when all is said and done...current price and volume speak the truth