IOTX: Downward Channel, Then Pump TimeWith over a 50% correction since November 10th, IOTX is currently moving in a descending channel. Major support is at $.156 based on the previous bottom.
If the major resistance breaks (upper trend line), IOTX will fly. I believe it will reach somewhere between $.50 - $1 by end of cycle.
This is not financial advice. These are just my ideas and opinions.
