With the IFUS news we have, no new shares, recent rally on low volume from .0009 to .04 on the news we have gotten, a hand full of daytraders could buy here at .007 and run it back to a dime with the news that is coming!!!
With the IFUS news we have, no new shares, recent rally on low volume from .0009 to .04 on the news we have gotten, a hand full of daytraders could buy here at .007 and run it back to test the recent high of .04 with ease.
Today IFUS hit and bounced off the 180 day moving average at .0064. the dotted light green line, and rallied back to the rising 18 day moving average. The 180 day average is just now bottoming and starting to turn up. This is the beginning of a huge bounce, and I think is the bottom of the dip from the huge rally that took us from .0009 to .04 this year.
The right news will take out the .04 recent high with ease IMHO.
Elliot wave 5 to new highs is still possible at this point. Such a fifth wave would get us to at least .08 and probably to .12/share
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