IFBC Daily Chart ~ Stock Price Hitting New Highs i
Post# of 2559
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.