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InterOil technically

October 15th, 2010 · No Comments

It’s still all systems go..

INTEROIL CORP (NYSE:IOC) Strong Uptrend Up Arrow
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.Based on a pre-defined weighted trend formula for chart analysis, IOC scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Thursday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending October 2nd
+30 New 3 Month High in September
+100 Total Score
NYSE_IOC
Open High Low IOC Price Change
68.72 70.19 68.10 69.81 +0.99
Streaming Chart SmartScan Download Data Streaming Chart

The chart also looks good:

Tags: IOC