Replies to post #16849 on Itronics Inc (ITRO)

[feddupwithnitwit]

Cri, is this what you're referring to?



or the pennant patterns I posted yesterday?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47954801

Both patterns suggest a breakout above the top trend line, I believe. Just extrapolating out the timeframe on the pennant, it looks like about a week but something can happen any day...obviously not today but maybe tomorrow. Maybe Whit will surprise us with some really good news next week and we'll get out of this funk for good. The timing would be PERFECT!
Any chance at somebody getting thru to him?

[agNau]

Looks more like a "bull flag" to me. Forming since January.
taking a trend line along the tops of the declining price since January.(I use the weekly)
http://chart-patterns.netfirms.com/bullflag.htm

I am also watching the major trend line off the slightly rising bottoms (August, September, October of 2009) for a break of that trend.

Weekly indicators have burned off quite a bit with low decline in price from high.
http://stockcharts.com/h-sc/ui?s=ITRO&p=W&b=5&g=0&id=p55734184331
Will the 21 ema support? We are close to a 50% retrace now.

Still need to break through the ~$17.50-18.30 level Silver. I am still thinking this will happen.
These areas Fib.17.50, then downtrend line @ ~18.30.
http://stockcharts.com/h-sc/ui?s=$SILVER&p=W&b=5&g=0&id=p07811299382
A continuing power up in silver price, coupled with increasing volume in ITRO will move us higher.

agNau