$IBGR ready for big move after small delay!

IBGR appeared poised to move towards 10 cents a few months back, however the company took a good step back and replaced some bad-eggs..

With 140M OS, Market Cap under 2MM and 1 App already announced for September release (Real Estate App - "Address"), it appears the trend has reversed and it's time to accumulate ahead of the move towards 10 cents.

Per recent filings, the Reg-A (dilution) is canceled and the company appears to be funded for for the foreseeable future...

Recent move had broken above the SMA200 and the chart appears to be targeting a breakout of the long term sideways channel.

The Accumulation line is indicative of the shares being held more tightly than they were at .03, therefore we should see a quick move with any buying pressure.

Not shown here, however the stock is currently trading within the ichimoku Kumo which is another bullish sign and one which should bring some volatility!

Note that I am holding shares here and my target is above 10 cents!
Beyond Technical AnalysisChart PatternsIBGRpennystockssqueezeTrend Analysis

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