interesting chart with comments

Here's the chart of IIF which is currently forming a nice ascending triangle.
The price action has tested the sloping trendline 4 times each time on low volume which imo is a good sign.

A breakout of .67 cents would set a conservative target of .78 cents




Another point i would like to highlight with iif's chart is that other than the horizontal restistance of the ascending tri there is not alot of histrical resistance up until the $1 region so looking forward if it is to breakout out of the tri on good volume could see this stock trend nicely


Good luck to all holders
bmac