TA is always there. I did not buy at $2.50. I bought at the lows when the downtrend was broken and a competitor took 20% stake in this company.
If you want to look at TA indicator - look at the bollinger bands on this - it has narrowed down significantly indicating lack of volatility (more importantly selling) and that is generally done in expectation of news (good or bad I dont know)
Also the risk reward ratio is quite high in this. ISU is a real company generating cashflows and profits. The competitor has to make an offer sooner rather than later. The probability of a win here is way higher.
I stopped posting on cla so you have come looking for me here. you want to jump back on there and tell you lot what the chart is telling me now ?
ISU Price at posting:
80.5¢ Sentiment: Buy Disclosure: Held