noad

The Faraj List of Exploding Stock Part 2.03


fingers xxd - Tue, 30 Dec 03 :



TIG - 27.00p - INNOVATION GROUP has made the strong move associated with a breakout of the 25p MAJOR KEY LEVEL but did not have a very long period of consolidation prior to its breakout, so it was unable to hold above the 27.50p lower mid point. If it can't move and hold above 27.50p soon, it may have to retrace back to the 25p level for further consolidation.

If this is the case, then it will need a good bit of strength to move away from it again, and leave it behind .. this is the time that it could reach the 37.5p MAJOR KEY LEVEL above .. its been in a strong uptrend this year, so its only a matter of time before the uptrend continues.


Search for a stock: 



By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Affiliate Scheme
Copyright©1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs

ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy

33 site:2us *** far2081204 05:18 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )