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InVivo Therapeutics Holdings Corp. Message Board

  • obvaccdismf obvaccdismf Jan 6, 2013 12:29 PM Flag

    bought more below 1.80

    TA- weekly chart leading bullish trend closing above cl. pr. resistane 1.79 made back in Oct. 2012 for the second consecutive week 1.82 & 1.88.Daily chart cl. pr. resistance 1.88 made Oct. 2012,tested on 1/4/13 with cl. pr. 1.88 ,cl. pr. resistance still holds. Daily OBV indicator continues to make lower highs during the same 3 month price consolidation period,traders starting to press the price higher testing price resistance range without positive volume support,shake out continues.BULLISH,but not out of the woods yet, need to close above next price resistance intraday high 1.95 to start the price breakout, without news would be great.
    ACCUMULATING under 1.80.

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