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agNau

04/23/10 10:12 AM

#17775 RE: metalmania #17774

Yes MM, I see some positives as well.
Daily holding 200dma which is sloping positively with 50 & 21 above.
Both RSI & Sto breaking downtrends and coming off lows.
http://stockcharts.com/h-sc/ui?s=ITRO&p=D&yr=3&mn=0&dy=0&id=p81617390479
See that squeeze by the 21?
http://stockcharts.com/h-sc/ui?s=ITRO&p=D&yr=0&mn=6&dy=0&id=p41474622634
looking for a break above and hold.

Weekly 50 holding. RSI & Sto both curling up.
http://stockcharts.com/h-sc/ui?s=ITRO&p=W&b=5&g=0&id=p82666840589
Plus the BB's support at the 50ma/.002 level as well.
http://stockcharts.com/h-sc/ui?s=ITRO&p=W&b=5&g=0&id=p86677351511
Target @ .0075 -.008 level mentioned (some time back) still looks good, esp. with 200ma in that area now.
Hoping that we just hold above the 200 weekly for now...and maintain the positive bias...this being the best/worst case.

Metals:
Both metals look to be backing just a little further(gold~1100<>silver ~17) before resuming run @ old highs.

As I have stated multiple...the combination of metals sector rise/ good news from ITRO, will make this take off. That would kind of be the perfect storm, and I don't believe that we will see things time out perfectly. But positively, is quite possible.

Mornin all.
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Chrion

04/23/10 11:33 AM

#17776 RE: metalmania #17774

Metal,

What indicators and oscillators do you use?