IORG Daily Chart ~ This One Is Ready..... In my
Post# of 2561
Posted On: 01/19/2016 1:13:50 AM
IORG Daily Chart ~ This One Is Ready.....
In my opinion, IORG is just about ready for the next leg up. The first leg saw INTREorg rally from .08 in November to a high of .47 in December. That new high, since our entries, saw a pullback to an opening at .15 and to new closing highs of .465. Since then, the share price is holding intraday lows in the high .30s while consistently closing in the .40+ levels. Volume picked up nicely on Friday. IORG showed up in a scan I ran a few minutes ago. On a technical basis, I'm reading a move higher is near. Additionally, the stock price has closed above the MA50, since our initial entries in November, with the exception of seven days. Also, a close of .47 would be a new closing high. But a close, on volume at .52 or higher would be a multi-year close not seen since mid 2012. GLTA
In my opinion, IORG is just about ready for the next leg up. The first leg saw INTREorg rally from .08 in November to a high of .47 in December. That new high, since our entries, saw a pullback to an opening at .15 and to new closing highs of .465. Since then, the share price is holding intraday lows in the high .30s while consistently closing in the .40+ levels. Volume picked up nicely on Friday. IORG showed up in a scan I ran a few minutes ago. On a technical basis, I'm reading a move higher is near. Additionally, the stock price has closed above the MA50, since our initial entries in November, with the exception of seven days. Also, a close of .47 would be a new closing high. But a close, on volume at .52 or higher would be a multi-year close not seen since mid 2012. GLTA
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