IWEB chart is nearing a breakout at .30. That 50 Day Moving Average is about to cross the 200 DMA to the upside. The Money flow is way up. ANd the Volume by Price bars coming off the vertical axis in the chart below shows little overhang once we are through .30--up to .40.
And the company is starting to put out good press again. That 96 terrabyte order is worth at a minimum=--$96,000. And up to almost $400,000. Based on a past PR when they said that terrabytes sell for $1,000 to $4,000 each. And if the order is being deployed THIS quarter, this quarter should be looking pretty healthy.
