Stock Chart Analysis GMO
Idaho General Mines Inc. (Public, AMEX:GMO)
GMO is trading in a classic bull flag after more then doubling in a powerful March breakout. It had a false move out of the flag already, so be careful trading this one. I would feel better if it cleared the 7.00 area, but the 20 day simple moving average has caught up with price and could ignite a move.
Good Trading,
Joey
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