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ospreyeye

08/30/14 9:15 PM

#33475 RE: buccaneer1961 #33474

Back to the amazing thing that happened the last 2 weeks.........the bears were unable to force a selloff.........the INOH bulls from the last run did not fold.......instead they held.......and held........and held............the holding has created a very solid base at 52 week low levels..........if you look at the action preceding the last run you'll see INOH was much stronger on the current pullback..........the current set up looks very similar to the last big run to the 100 Day moving Average.........IMO this is why INOH held support for 2 weeks straight........will history repeat and another run to the 100 DMA to follow?.........only time will tell.......all just my opinions, but the charts tell a very compelling story..........$$$