Monday, March 19, 2012

Interra Resources

Interra Resources: Technical Buy Call by CIMB. House see a breakout of its bullish flag pattern. Using the minimum measurement of the flag pattern, prices still have the potential to continue on higher towards the $0.435 mark.

With indicators starting to turn up again, the breakout could lift prices higher to test the old high of $0.375 soon. As long as prices stay above $0.295, the odds continue to favour the bulls. Recommends keep a stop below $0.29.

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