Gediminas Jasionis
3 Vote 0

IBC Advanced Alloys Corp (CVE:IB) (PINK:IAALF) Goes Up Out Of The Blue

by Gediminas Jasionis May 23, 2011
0 Comments

Watch the video to learn about the probability of IBC Advanced Alloys Corp. (IB) Chart Signal as of Apr 21 2014

This free program will calculate the probabilities of IBC Advanced Alloys Corp. (IB) stock chart

Rating: Platform: Win/Mac
Price: FREE Version: 1.1
Size: 656KB Downloads:
FREE DOWNLOAD
ib_chart.pngTraders were very eager to buy IBC Advanced Alloys Corp (CVE:IB) (PINK:IAALF) on Friday, yet there was no particular reason for such suddenly increased attention.

IB stock added 29% over the last trading session carrying on a trading volume of 3.76 million, which was 5 times the average 742 thousand. Share price broke out of consolidation range, thus setting a positive sentiment among traders.

Still, the stock sprung up on no particular news, thus the continuation of this rally is questionable. Furthermore, the IB was at the same level in the beginning of 2010, thus there is resistance above the current price of 26 cents and is also adds to the general sentiment - stocks rarely hit new 52-week highs with no favorable news.

ibc_alloys_logo.jpgSome of the buying pressure might have come from traders watching this stock from the last week. The company announced on May 17 they have opened a new manufacturing facility in Wilmington, Massachusetts.

The facility will mostly favor the engineered materials division of the company as well as increase the general production capacity of the business.

Watch the video to learn about the probability of IBC Advanced Alloys Corp. (IB) Chart Signal as of Apr 21 2014

Hotstocked Precision will calculate the probabilities of IBC Advanced Alloys Corp. (IB)

Rating:
Size: 656KB
Version: 1.1
Platform: Win/Mac
Downloads:
FREE DOWNLOAD

Comments (0)

Type the characters that you see in the box (5 characters).

This is a captcha-picture.