This morning we are looking at ICTY to continue its move higher. This is a short term trade with a stop just under todays open of .0012:
TheSUBWAY's Blog:
http://stock-promoter.thesubway.com/thesubway-clients/icty-is...
Volume has been increasing, though the larger volume days have been decreasing other than yesterday:
If the volume can continue to build we are looking for a short term gain in ICTY. It looks to have found temporary support at .0012 this morning and this looks like a good risk to reward:
The STOCHASTICS are looking ideal for an entry into ICTY:
Our 15 MINUTE chart is not showing a trend and that is why we are looking at ICTY for a short term trade:
Our WEEKLY chart could be signaling the beginning of a move higher, but we feel it is too soon to call this a longer term trade: