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12/05/16
09:45
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Ok guys since no one is putting in any real input for IOT, I thought I might as well do it.
- IOT is currently oversold because there was alot of profit taking happening yesterday and seller's panic sold their stocks off
- IOT is opening positive today, its 40 minutes away from open and indicative price is already up by 4%
- IOT's innovative products are starting to get attention in media.
![](http://i.imgur.com/eZdsGOV.png)
- Our short term traders are gonna jump back in after a healthy retrace
- As we concluded yesterday, IOT's fall period has ended.
![](http://i.imgur.com/FYuE43x.png)
There is a low possibility of IOT closing at 12.5c but rest is a green day.
End of week target is 22c
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