$1 Club, page-29988

furthermore, here is IOU’s 3 year chart:


It looks like over the last 14 months IOU has been forming a potential cup. Perhaps half formed right now?

IF the cup and handle pattern plays out (which it will upon the return of the bull sector) then:

a) In order to fully form the cup, the SP would need to head back to around 85c, which is about 460% increase from current SP. and;

b) the current depth of the cup is 70c. As per cup and handle pattern theory, should cup and handle form with a subsequent breakout, that breakout should be at a minimum the depth of the cup. IF this happened then this would probably put IOU at around $1.40, or around 830% increase from current SP.

Obviously this is a long-term pattern, and obviously it will need to play out. It is IMO it would likely play out with the return of the bull sector.

In the meantime IOU just needs to keep doing what it’s doing: keep growing, keep expanding, provide a fundamentally sound and solid foundation for us to springboard off when the bull sector returns.

IMO

GLTAH

ive bought more recently at 15.5c