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No. of Recommendations: 1

I agree with everything you wrote. Except the candlestick stuff but I have not studied candlesticks.

What intrigued me about IBIS is that they have broken the long term down trend and the stock is struggling right now and there is a ton of overhead resistance.

There are not many technology stocks that have broken the long term downtrend and I thought IBIS demonstrates what type of patterns to keep an eye on.

Thanks for you detailed analysis and I will at least look up the candlestick patterns you mentioned.

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