Independence
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[BULLISH]: Independence current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.06. IGO received a confirmed CMF crossover days on the Mar 16 2018.The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.2 occurring on the Mar 16 2018.
[BEARISH]: Independence current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 5.2290.
[BULLISH]: Independence currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 7.7%.
[BULLISH]: Independence currently has positive Volume MACD of 734016. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
IGO: CCI Current Signal ->(1) 19 Apr: BEARISH (2) 18 Apr: BEARISH (3) 17 Apr: BEARISH
Independence has broken the first DeMark resistance point ($5.60625) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$5.723 & Stoploss for Independence should be set at $5.478
Australian Stock Exchange
[BULLISH]: Independence opening price has gapped up. Currently, the OPEN is $5.6 (8.5000000000000000 %).
[BULLISH]: Independence currently has positive MACD of 0.070000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 13.3%.
[BULLISH]: Independence current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 5767.
[BULLISH]: Independence current uptrend in the first timeframe. Currently, the Close is $5.6.
[BEARISH]: Independence current uptrend in the first timeframe. Currently, the Low is $5.49 (6.8000000000000000 %).
[BEARISH]: A short term Gap Up has formed with Independence which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 16 occurrences of this bar reversal giving a signal probability of 6.1%.
![Limit order for a long position has been identified for Independence [Bullish]](http://tricklar.com/ArticleImages/ASX/IGO/IGO_42.png
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Independence current pivot point is: 5.608. The current resistance levels are: (R1) $5.726: (R2) $5.853: (R3) $5.971: The current support levels are: (S1) $5.481: (S2) $5.363: (S3) $5.236
[BULLISH]: Independence currently has positive rate of change of 21.7%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction
[BULLISH]: Independence current trading has maintained the money flow index oversold status and signalled the continuation of the bullish trading conditions. Currently, the MFI is 91.51. The bullish signal has been active for 0 days. During the quarter, the lowest MFI value was 55.8.
IGO: Continuation Candlestick Current Signal -> (1) 19 Apr: BULLISH (2) 18 Apr: BULLISH (3) 17 Apr: NEUTRAL
[BULLISH]: Independence current volume uptrend in the first timeframe. Volume for IGO is1.21044e+007 (229.1).
[BULLISH]: Independence is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
[Bullish]: Average True Range has confirmed an uptrend is present. Independence has a TR of 0.535, and an ATR(14) of 0.174.
![[Bullish]: SWMA(5) is serving as a support line for Independence](http://tricklar.com/ArticleImages/ASX/IGO/IGO_83.png
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[BULLISH]: Independence currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 7.7%.
Independence has moved below the 161.8% level ($11.34) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$10.2 & Stoploss for Independence should be set at $12.48
[BEARISH]: Independence currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 7.7%.
IGO: Stochastic Oscillator Signal -> (1) 19 Apr: BEARISH (2) 18 Apr: BEARISH (3) 17 Apr: BEARISH
[BULLISH]: IndependenceElder Ray Index is signalling a Bullish movementERI is 0.628 indicating bull power. Prices are being driven above the consensus of value for IGO during the last trading session [Buying Pressure]
[BULLISH]: Independence has a current ARU(25) of 100 and a current ARD(25) of 52
Independence has broken the first Woodie resistance point ($5.722) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$5.851 & Stoploss for Independence should be set at $5.361
