ISOTeam has been testing the resistance of $0.400 – 0.405 on six occasions since 20 Jan 2014. There was a spike in RSI and ADX levels as the share price tested $0.400 – 0.405 on 9 & 12 May. RSI went to an all time high of 77.4 on 9 May. For the next four trading days (14 – 19 May), the share price consolidated around $0.380 – 0.405 and closed at $0.385 today (Monday). Due to this consolidation, ADX and RSI have fallen to more comfortable levels. RSI closed at 52.0 today.

Based on Chart 1 below, ISOTeam remains on an uptrend, supported by the rising moving averages and the rising trend line. Based on my personal observation on chart and price movement, it seems to be on the verge of a potential break out. Measured technical target price on ...