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InterOil still in strong uptrend

December 9th, 2010 · No Comments

With perfect score intact..

INTEROIL CORP (NYSE:IOC)
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 Tuesday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, Week Ending December 11th
+30 New 3 Month High in November
+100 Total Score
NYSE_IOC
Open High Low IOC Price Change
77.80 79.18 76.51 79.07 +0.79
Streaming Chart SmartScan Download Data Streaming Chart

Tags: IOC · IOC Technically