IORG Seven Year Chart ~ A High Not Seen Since Mid
Post# of 2561
Posted On: 01/01/2016 11:45:28 AM
IORG Seven Year Chart ~ A High Not Seen Since Mid 2012
As I mentioned in my previous post, INTREorg Systems not only saw and extreme buying opportunity with the drop from the .30s to .15 on Monday morning's opening, but the stock also closed at .454, a multi year closing high. I plan on continued accumulation not only on pullbacks but also during normal trading.
On a technical basis, the chart is set to test the highs of mid 2012 at just over .50. A close of .52 on strong volume would more than likely put into play a move towards the old highs of early 2011 which was in the $1.00-$1.40 range. Any material and significant news events could now easily see a technical breakout to visit that level in the first quarter of 2016. GLTA
As I mentioned in my previous post, INTREorg Systems not only saw and extreme buying opportunity with the drop from the .30s to .15 on Monday morning's opening, but the stock also closed at .454, a multi year closing high. I plan on continued accumulation not only on pullbacks but also during normal trading.
On a technical basis, the chart is set to test the highs of mid 2012 at just over .50. A close of .52 on strong volume would more than likely put into play a move towards the old highs of early 2011 which was in the $1.00-$1.40 range. Any material and significant news events could now easily see a technical breakout to visit that level in the first quarter of 2016. GLTA
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