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InterOil Corporation Message Board

kummerjels1 1 post  |  Last Activity: Feb 24, 2015 6:41 PM Member since: Jun 10, 2005
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  • kummerjels1 by kummerjels1 Feb 24, 2015 6:41 PM Flag

    On Feb 3, I mentioned the formation of an ascending triangle, which indicated a bullish move up. On the 12th and 13th, we had the break out. Now it seem like its basing again in another ascending triangle formation, indicating another break out to the upside. Going into WrestleMania - in March of each year - this stock seems to do well. Any comments about another break to the upside for an additional 2 or 3 points. Seems possible, especially, if there is more short covering. Thoughts?

    Sentiment: Buy

IOC
47.9519+0.3119(+0.65%)11:36 AMEDT