$IRE keeps popping up in our trading screen. Third time already in July... we will be trading it tomorrow again. Price, volume, sentiment - everything is ready for a nice run up. Chart shows $2 as a near term resistance target and it feels about right. So, lets see how tomorrow evolves. I am getting questions, why not $AIB. Same thing, essentially, but $IRE chart looks much better. $AIB already reached resistance point and breaking through it requires some extra effort. I am not saying it won't happen, I am just saying that $IRE has better odds to fulfill the "chart prophecy".
Backtested Symbol: $IRE
Strategy: Pennystocks100 (5 min chart)
Period: July 25, 2010 - July 25, 2011
# Win: 5
# Loss: 3
Winners: 62.5%
Profit-Loss%: +12.15%
Beautiful stock chart.
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