Friday, February 15, 2013

Short term Trading Buy: Ipco. Share price 0.036.

Has broken out yesterday on Strong volume above the critical 0.03 resistance and psychological level. Penny interest currently seen in the market. Only for the brave hearted. Immediate resistance to cross is 0.04. A break above 0.04 can really see it go higher very quickly to probably 0.05 to 0.055. Top Volume currently seen. For those who are looking to take a longer term approach, immediate support stands at 0.03 now. If support does not hold, please consider to cut losses.
Tight stop loss at 0.033.



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