I think if you draw the trend line as a parrallel channel then we are still in it. Aslo depends how much notice you take of the spike on 15th March. A close at 51c or above would be good IMO.
Agreed that 49.5c is a significant level. I entered once it bounced.
I should disclose that I sold at 56.5c last week and bought again today at 50.5c
Next target 63c for me if we can get through 56c.
IGR Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held