Intrinsyc Software International Inc ISYRF

RE: Try something different

[davsen]

After several up days a reversal/correction is pretty normal for most stocks, (and healthy).. especially if it is a friday. If the reversal continues for more than several days I don't think that would be a good sign, but for now I view friday's action as normal. I hope to see the upward trend resume by Tuesday or Wednesday at the latest. I'd say moving up on Monday would be a really positive sign. However a better understanding of what is driving last weeks moves would help.. technically she looks like she could keep going after a little breather..thursday she looked a little over bought(broke upper bollinger and RSI ~82), which would likely contribute/for-tell the friday dropoff. If she can move through last weeks highs the 3.25-3.50 range look like levels that are reasonable.. FWIW.. just my opinion based on experience with other stocks ...and not on anything particularly 'unique' about ics other than the chart... rebutals welcome... ~dave