Stock Chart Analysis IOC

Posted by downtowntrader | 5/20/2007 09:02:00 PM | 2 comments »

Stock Chart Analysis IOC

InterOil Corporation (USA) (Public, AMEX:IOC)

Oil and Gas refiners have been on fire and IOC is looking like it may be ready to break out of this cup and handle like base. I'm looking at 31 as a key level here. If it can clear 31 on any sort of volume then it may be on its way to new highs.

Good Trading,

Joey

2 comments

  1. rbbalaji // 10:30 PM  

    That was a nice breakout you had predicted. Did you have a large position in it?

  2. downtowntrader // 11:00 PM  

    No, but I wish I did. I passed it up because I had too many open positions at the time. Would of been nice though.

    Joey