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INTEROIL CORP (NYSE:IOC)
Strong Uptrend Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
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-10 | Last Hour Close Below 5 hour Moving Average | |
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+15 | New 3 Day High on Thursday | |
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+20 | Last Price Above 20 Day Moving Average | |
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+25 | New 3 Week High, Week Ending January 8th | |
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+30 | New 3 Month High in November | |
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+90 | Total Score |
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IOC im ready for a move, you’ve been holding steady @ 75 and that makes us investor feel good, but we are ready for big things in 2011