![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjU76Ll_9oqZt0GE6mhurRscdAsa4h5A0HBqrG5kfilS03cVRirnfEzuSk5ZHCrwc29v4bgUuXa3zRQLd8PRjXltAlL1rfZPIDPTsAL5mRpHNkO_BCg5EQBkNwlF6_M7iLdA66_/s400/20090914D-IJMLand.png)
IJMLand Daily Chart
Is this a real breakout from its channel? A real channel breakout, based on my observation, will be followed with a parabolic movement. The next resistance is probably at 2.50. Daily and weekly indicator is overbought.
Disclosure: Long in warrant.
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