Here's the chart of IIF which is currently forming a nice ascending triangle. The price action has tested the sloping trendline 4 times each time on low volume which imo is a good sign.
A breakout of .67 cents would set a conservative target of .78 cents
Another point i would like to highlight with iif's chart is that other than the horizontal restistance of the ascending tri there is not alot of histrical resistance up until the $1 region so looking forward if it is to breakout out of the tri on good volume could see this stock trend nicely
Good luck to all holders bmac
IIF Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
