Innovalues on 7th Oct 2016 had a very nice gap up and closed well at 87.5 cents. Couple with high volume this is rather positive.
On 13th Oct 2016 we had again witnessed another nice breaking out of 93 cents and closed high at 94.5 cents. The volume was also quite high this is generally quite positive.
Both Macd & Rsi are still rising which may likely provide further indication that the share price may continue to trend higher.
Short term wise, I think it may likely continue to trend higher to re-test 99 cents. Breaking out of 99 cents with good volume that may likely drive the share price higher towards $1.03 then $1.105.
(trade base on your own decision)
When can have this stock corporate action?
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