Small Cap Stock ICLD About To Break Out
InTheMoneyStocks.com | Jun 07, 2016 01:08AM ET
Intercloud (NASDAQ:ICLD) has a history of meteoric runs. The stock ran from $1.45 to $4.75 approximately a year ago. $ICLD may be setting up for another one of these moves. Obviously, any micro stocks like this carry risk but the upside reward is big as well. Note the trend lines on the chart below. The stock price is just below them. A daily close above $0.85 potentially sets it free. An upside pop to $1.50 would be likely, perhaps more with momentum buyers. Keep it on watch.
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