IFBC Daily Chart ~ Holding in a Crappy Market I
Post# of 2561
Posted On: 02/15/2016 1:18:31 PM
IFBC Daily Chart ~ Holding in a Crappy Market
IFBC has held well despite the current market environment. After a nice move from the lows of the .006s/.007s in late November, the stock rose to the .02 level when I shared that I felt the stock was overbought, and I sold. I shared that I re-entered when the technicals reset in January. I'm still in the position and have actually added a few more over the last week with a few friends. For now the stock is drifting sideways, and the charts aren't much help. The stock will be fundamentally driven as CEO Dino continues to execute and deliver. IFBC is a long term situation with the potential of 10-20 bags over the next 12-24 months imo. GLTA
IFBC has held well despite the current market environment. After a nice move from the lows of the .006s/.007s in late November, the stock rose to the .02 level when I shared that I felt the stock was overbought, and I sold. I shared that I re-entered when the technicals reset in January. I'm still in the position and have actually added a few more over the last week with a few friends. For now the stock is drifting sideways, and the charts aren't much help. The stock will be fundamentally driven as CEO Dino continues to execute and deliver. IFBC is a long term situation with the potential of 10-20 bags over the next 12-24 months imo. GLTA
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