AntMwah
Long

IOG (Independent Oil & Gas) - Continuing to Breakout

LSE:IOG   INDEPENDENT OIL & GAS PLC ORD 1P
7 0 1
Continued upside from the completion of a very interesting technical set-up.
Sequence of smaller cup/handle formations has completed and broken the neckline of a first larger "bowl" shape.
Second phase in motion should complete a second larger bowl returning the price to its all time high.
Third phase will drive above this - most likely towards the 161.8% Fib - coincidentally where broker targets lie.
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