IVA 0.00% 21.5¢ inova resources limited

if the stock can close decisively above 1.22 then its got a mega...

  1. 3,195 Posts.
    if the stock can close decisively above 1.22

    then its got a mega solid base underneath

    and i'd be looking for 1.45 or so short term

    basic daily below, simple charts often the most powerful



    and the weekly appears to show the SP has starting thus week jumped out of the accumulation zone
    (top of accumulation zone defined by highest close weekly bar)

    indicators looking bloody excellent on the weekly too

    note how high the volume was down there =- VERY solid base

    and whadya know - target on weekly same as derived from daily :)



    still, wanna see it close above and test 1.22 to feel completely confident
 
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