It’s yesterday’s numbers though, today’s already seem quite a bit better. Support held.
|INTEROIL CORP (NYSE:IOC)||Weak Uptrend|
|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):