Replies to post #4928 on 123Tom's TA study group

[123tom]

well we got a 6 cent dip in IPIX,but...

it went from 1.06 to 1.00, not worth buying at 1 dollar for my money.
better bargain waiting, unless news comes Monday.

For trading shares, I don't consider 1 dollar a good bargain to buy. Technical pullback zone looks like 96/92/88 area.A volatile smash Monday could drop 10 cents,or 13 like the 1.17 peak did, falling to 1.03.
Volatile surging around news, or upon news, could target several points from 1.30/1.40/1.50 or higher.
not much to do now but wait and watch.