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The Penny Dreamers staff is extremely excited to bring you our BREAKING NEW PHARMA ALERT for tomorrow that we feel might be at the start of a MAJOR uptrend!
Our Latest Alert is:
With a PPS of just under .0034, you can understand why this undiscovered and undervalued play has begun to grab the attention of major investors and traders across the market!
We are looking forward to tomorrow's action and are truly recommending ITNS
as a solid trade!
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Located in Laguna Hills, California, and founded in 2005, Itonis Inc. has focused on transitioning itself in the past year from acquiring high growth, market niche entrepreneurial companies, to a market leader focused on the distribution of innovative products to the medical and pharmaceutical industry.
Under the guidance of Dr. Charles Hensley, the inventor of Emesyl™ and the Zicam(R) Cold Remedy, the company is highly focused on bringing to market its first homeopathic anti-nausea product which is expected to be sold over-the-counter to alleviate mild to moderate nausea. Future plans call for the production and marketing of alternative over the counter and prescription homeopathic preparations which will be used to treat common ailments and chronic diseases.
In addition, the company has a signed licensing agreement with MyECheck, Inc. to acquire a software license for MyECheck's patented mobile payment application. Under the agreement, Itonis will receive a private branded turn-key hosted mobile payment system connected to the MyECheck check engine. The application is designed to facilitate point of purchase transactions for medical marijuana sales, for which Itonis will share transaction revenue fees. This agreement allows Itonis to offer the first and only payment services with a solution targeting the Medical Marijuana industry in Southern California.
Our future looks bright! We are excited and look forward as we bring new innovative products to market for the medical and pharmaceutical industry.
About MyECheck - MyECheck Inc. is a leading electronic payment technology developer providing a new electronic payment method that is replacing cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008.
The patented new fully electronic real-time payment method is the fastest, most secure and most cost effective method of processing payments in the US, and it works with the most people, businesses and entities. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry's most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
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Flags and Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a mid-point of the move.
1. Sharp Move: To be considered a continuation pattern, there should be evidence of a prior trend. Flags and pennants require evidence of a sharp advance or decline on heavy volume. These moves usually occur on heavy volume and can contain gaps. This move usually represents the first leg of a significant advance or decline & the flag/pennant is merely a pause.
2. Flagpole: The flagpole is the distance from the first resistance or support break to the high or low of the flag/pennant. The sharp advance (or decline) that forms the flagpole should break a trend line or resistance/support level. A line extending up from this break to the high of the flag/pennant forms the flagpole.
3. Flag: A flag is a small rectangle pattern that slopes against the previous trend. If the previous move was up, then the flag would slope down. If the move was down, then the flag would slope up. Because flags are usually too short in duration to actually have reaction highs and lows, the price action just needs to be contained within two parallel trend lines.
4. Pennant: A pennant is a small symmetrical triangle that begins wide and converges as the pattern matures (like a cone). The slope is usually neutral. Sometimes there will not be specific reaction highs and lows from which to draw the trend lines and the price action should just be contained within the converging trend lines.
5. Duration: Flags and pennants are short-term patterns that can last from 1 to 12 weeks. There is some debate on the timeframe and some consider 8 weeks to be pushing the limits for a reliable pattern. Ideally, these patterns will form between 1 and 4 weeks. Once a flag becomes more than 12 weeks old, it would be classified as a rectangle. A pennant more than 12 weeks old would turn into a symmetrical triangle. The reliability of patterns that fall between 8 and 12 weeks is debatable.
6. Break: For a bullish flag or pennant, a break above resistance signals that the previous advance has resumed. For a bearish flag or pennant, a break below support signals that the previous decline has resumed.
7. Volume: Volume should be heavy during the advance or decline that forms the flagpole. Heavy volume provides legitimacy for the sudden and sharp move that creates the flagpole. An expansion of volume on the resistance (support) break lends credence to the validity of the formation and the likelihood of continuation.
8. Targets: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.
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