I like simple charts. I think they present the best information.
This is a monthly chart. As you can see, 11 cents was a resistance, and I say it was a very good one. Once this barrier was breached, the share price hasn't returned to this point. Now, we'll have to wait and see whether it's going to act as a support.
This is a weekly chart. I flagged three points of interest on the chart. The share price tried to climb higher on at three different occasions but failed. This isn't good. I believe the share price will visit 11 cents once again, and the price action indicates this.
IHL Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held