ITCJ looks to have bottomed. The chart is not only oversold, but shows a stock ready to post a sizeable bounce. I don't see any resistance on the chart until $.001. After that the next point of resistance is $.004.
Today the stock took in more than $200,000 in volume. Investors appear to be accumulating shares at these levels in anticipation of a rally. This stock traded nicely off the bottom and looks poised to post gains going forward.We've seen similar charts recently where a stock has fallen so dramatically. In each case the stock rallied over 1,000%. If that holds true for ITCJ it will hit $.005 or better.
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