IOC 300% potential

Updated

I am bullish on IOC as are others on tradingview. However, I always like to do my own analysis. In this case I have set 3 targets for IOC which has some great news coming up. Even during the dip (in which we are floating as far as I am concerned) this one held strong. You can see the uptrend continuing and I have set the targets based on 3 fib levels. I will just let this one ride out and continue to follow it.

Period: mid/long (+/- 3 months)
Buy: 4800 - 5300

Sell targets:
71049 (145%)
103683 (210%)
137754 (278%)

I will probably leave about 20-25 % of my bag in place for further uptrend and may rebuy if it dips again because the uptrend is strong on this one.

Happy trading!

Note

Nice, we broke reistance on 4hr chart.

Note

As you can see clearly: it tried 2 times already.. and in Holland we have a saying: 3 times is right. So here we go:

Note

If we break the next resistance level (green line) I suspect we could move up to the previous ATH (100000) pretty quickly. That means that first target is in sight. I DO expect a small retracement before that. Advice is to HOLD on to your IOC :)

Note

Something fishy is going on in the market. We have seen the market cap drop down with a massive amount in the past 24 hours again. However, IOC remains to stay intact in the midst of all this rumble. Again I say: HODL on this one folks, I believe we can shoot to the moon if we are just patient.

RSI is looking a bit pushy. But for now I still feel quite confident on our IOC trade.

Note

Still holding within the uptrend. Nothing to see here folks, just HODL :)

Defibooker

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.