$IBGR ready for big move after small delay!$IBGR appeared poised to move towards 10 cents a few months back, however the company took a good step back and replaced some bad-eggs..
With 140M OS, Market Cap under $2MM and 1 App already announced for September release (Real Estate App - "Address"), it appears the trend has reversed and it's time to accumulate ahead of the move towards 10 cents.
Per recent filings, the Reg-A (dilution) is canceled and the company appears to be funded for for the foreseeable future...
Recent move had broken above the SMA200 and the chart appears to be targeting a breakout of the long term sideways channel.
The Accumulation line is indicative of the shares being held more tightly than they were at .03, therefore we should see a quick move with any buying pressure.
Not shown here, however the stock is currently trading within the ichimoku Kumo which is another bullish sign and one which should bring some volatility!
Note that I am holding shares here and my target is above 10 cents!
IBGR trade ideas
$IBGR RM Applicate INC / Wave 3 Target 15 cents appears ready!!Close above SMA50 on the daily chart on 3/12 is clear indication that Wave III is ready to move; looking at previous moves WI & WII, it is likely to see prices upwards of 15 cents.
The Float is confirmed at under 140M shares which puts market cap at only $1.75MM USD.
Company has announced merger with Applicate Inc, who has major developers on board and targeting game changing real estate app which is rumored to have eyes on taking market share from Zillow $Z.
Note that i am not an investment adviser, i am only providing my own thoughts and i do currently own shares.
$IBGR Breakout Could Trigger +1000% Move!!Below information is not to be used for investment and should not be considered "professional investment advise"; Do your own Due Diligence.
Based on previous moves in IBGR (Wave 1 & Wave 2) and analysis of Fibonacci extension ; Wave 3 is indicative of substantial move upwards of 15 cents (+1500%).
---Breakout of the current range (break and hold above .01, could trigger a move)
Breakout 2/15 indicative of major move higher coming W3; Break above SMA50 (.0132) will provide confirmation!
Note that the company has made recent announcements indicating a change of direction in the company and also has recently taken on well known Micro-Cap name George Sharp in a supporting role.
Note that i do currently hold shares.
$IBGR Setup for Wave III Breakout to upwards of 15 cents!Below information is not to be used for investment and should not be considered "professional investment advise"; Do your own Due Diligence.
.Based on previous moves in IBGR (Wave 1 & Wave 2) and analysis of Fibonacci extension; Wave 3 is indicative of substantial move upwards of 15 cents (+1500%).
Breakout of the current range (break and hold above .01, could trigger a move.
Note that the company has made recent announcements indicating a change of direction in the company and also has recently taken on well known Micro-Cap name George Sharp in a supporting role.
Note that i do currently hold shares.