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InterOil from a technical trading point

January 10th, 2011 · No Comments

Still looking good..

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 January 8th
+30 New 3 Month High in November
+100 Total Score
Open High Low IOC Price Change
76.36 77.00 75.03 76.51 -0.04
Streaming Chart SmartScan Download Data Streaming Chart

Tags: IOC Technically