Potential Buy Alert

IGO – Independence Group

Stock : IGO – Independence Group

Current Price : 3.27

Status : On watch for higher low

IGO has the potential to build a major leg higher off strong support around 2.10/2.20 zone. Price action has some work to do yet but is at the early stages of building the higher low. We are now watching for a test up to the 3.63 minor lower high which would suggest buyers are stepping up to push price up out of contraction.