Posted On: 12/20/2015 12:37:05 PM
Post# of 2561
IFBC Daily Chart ~ Stock Price Hitting New Highs in Over 13 Months
It appears that CEO Dino is delivering what he and his team have been working on for the last two years. The share price has risen from a low of .0029 in October and started to reward patient shareholders with a close of .013 on Friday. In speaking with friends who are very close to the company, they believe a gradual appreciation of the share price to .20 over 12-24 months.
Here's a nice ad on the Home Page of Investors Hangout currently:
http://investorshangout.com/
The FullSto is nearing overbought levels, while the MACDs are getting up there. There is room to move on the upside, but with the indicators approaching overbought areas, a short consolidation period might be in order soon. A break and close above .016, as can be seen on a longer term chart than the one I am posting, shows the .0155 previous highs at the next resistance level. Increasing interest and volume would be a welcome event for shareholders as Dino continues his execution of a solid business plan.
It appears that CEO Dino is delivering what he and his team have been working on for the last two years. The share price has risen from a low of .0029 in October and started to reward patient shareholders with a close of .013 on Friday. In speaking with friends who are very close to the company, they believe a gradual appreciation of the share price to .20 over 12-24 months.
Here's a nice ad on the Home Page of Investors Hangout currently:
http://investorshangout.com/
The FullSto is nearing overbought levels, while the MACDs are getting up there. There is room to move on the upside, but with the indicators approaching overbought areas, a short consolidation period might be in order soon. A break and close above .016, as can be seen on a longer term chart than the one I am posting, shows the .0155 previous highs at the next resistance level. Increasing interest and volume would be a welcome event for shareholders as Dino continues his execution of a solid business plan.
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