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ahasja

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ahasja

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Sunday, 12/04/2016 6:29:00 AM

Sunday, December 04, 2016 6:29:00 AM

Post# of 38634
see: AC Investor Blog Watchlist for Monday, December 05

"IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) The stock last week broke out of a descending channel on hourly, after testing support in the $2.7/2.75 region and is now facing resistance at 2.89 area. A break and close above opens the way towards 3.35. From a technical standpoint, the hourly RSI has turned up and is quickly approaching the mid line. The hourly MACD also crossed above its signal line last week. These are positive signals for the stock. $2.89 is the pivot level to watch next week. Im long. I think we could retest the recent highs (3.35) and possibly break upwards some more."
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