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InterOil Technically Oct. 20

October 20th, 2010 · No Comments

It’s yesterday’s numbers though, today’s already seem quite a bit better. Support held.

INTEROIL CORP (NYSE:IOC)

Weak Uptrend Up Arrow
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

Based on a pre-defined weighted trend formula for chart analysis, IOC scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10 Last Hour Close Above 5 Hour Moving Average
-15 New 3 Day Low on Tuesday
-20 Last Price Below 20 Day Moving Average
+25 New 3 Week High, Week Ending October 2nd
+30 New 3 Month High in September
+65 Total Score
NYSE_IOC
Open High Low IOC Price Change
66.3500 66.7999 66.3500 66.7999 +0.7099
Streaming Chart SmartScan Download Data Streaming Chart
 

Tags: IOC · IOC Technically