IX Biopharma had a very impressive run from the low of 31.5 cents on 12th Nov 2015 and risen to close at 46 cents on 5th Jan 2016. The current price is hovering above both 14SMA & 25SMA lines which is rather positive.
Also both MACD & RSI are rising upwards which may provide further indication for the share price to head higher.
Breaking out of 47.5 cents with good volume that may drive the share price higher towards 50 cents then 55 cents and above.
(trade/invest base on your own decison)
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