ION Geophysical Corporation [[IO]] was a company I highlighted a few weeks back, but the setup failed due to earnings. Currently, the setup is taking form again, and it may be time to give the stock another look. The reason I like this setup, the moving averages– look how they all line up together providing multiple support levels. With earnings out of the way, I think IO is good to go. I bought some this morning, noted in The PPT.
RC Nice WIN on $AHR today! Thanks for the shout out!
I will find something to top $AHR tomorrow!