IOMG - Clear Winner Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : IOMG - Clear Winner

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rocky haag who wrote (94)	9/25/1996 2:55:00 PM
From: Chi-X	of 129

CNBC say IOMG to $29+. John Murphey on CNBC did a TA, on their NASD, most active at aprox. 1:30 PM EST. IOMG was the most active stock and has been on that list for several days. Murphey stated that IOMG broke the resistance at $18 and currently the next stop is $29 and then $34 after that. He cited that IOMG is currently above the 50 Day MA, and strong volume which is positive as the stock moves upward. This well known co. is going to find resistance near 34 long term. The strong volume shows that the "Big Boys" are moving... no pouring into this stock. Remember, it's only at $24 right now and the next stop is $29 then to $34. John Murphey also said that MU had to break $26 last week and it would run from there. Currently, MU is trading at $30-31. Go figure... Rumors on the IOMG board at the Motley Fool (on AOL) are saying that short covering is not the only thing fueling this rise. Many say that there is some kind of major alliance in the wings... ChiChiX

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next