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InterOil, still all systems go?

November 17th, 2010 · No Comments

Apparently, yes..

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.Based on a pre-defined weighted trend formula for chart analysis, IOC scored +85 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 Above 20 Day Moving Average
+25 New 3 Week High, Week Ending November 13th
+30 New 3 Month High in November
+85 Total Score
Open High Low IOC Price Change
78.85 79.09 73.86 75.13 -4.05
Streaming Chart SmartScan Download Data Streaming Chart

Tags: IOC · IOC Technically