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chemist72

09/16/22 9:15 AM

#27592 RE: hot_karl #27591

Don't see a reversal in ILST chart - yet.

However, I do see a possible bottom of 0018, which was first made on 9/7/2022. Since that bottom was made, it has been tested 3 times and has held each time.

The set-up does look good for a potential trend reversal, but ILST could still see several more days (or even a few weeks) of sideways trading before a real reversal in trend becomes apparent in the chart. (news should certainly help in that regard)

Anyway, the OTC market, in general, appears to have bottomed in mid-July, so hopefully ILST will begin to move up with the rest of the OTC market.