TSXV:ISD.H - Post by User
Comment by
matuson Mar 20, 2014 7:35pm
59 Views
Post# 22348851
RE:Chart reads .17
RE:Chart reads .17From the last run up from 0,135 to today's 0,24 cad it would still stay bullish even if we would retrace to 0,17cad. So how you want to see it is up to you. As I am more of a long term investor I couldn't care less as long as the overall picture points north.
Technically seen it has successfully tested the low end of the downtrend channel and now it is time to test the upper line from the down trend channel which would be around 0,29 cad.
Only then if we break out of that trading range to the top we are so to say out of the woods and looking to a bright side of life.