Up and up we go..
INTEROIL CORP (NYSE:IOC)
Uptrend 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 Monday|
|+20||Last Price Above 20 Day Moving Average|
|+25||New 3 Week High, Week Ending November 13th|
|+30||New 3 Month High in November|