PennyStocks101

Did IGXT Just Give It All Back?

OTC:IGXT   IntelGenx Technologies Corp.
IGXT traded almost the same share volume as previous on Monday with a big red candle. Does this signal weakness for the stock and will it be able to hold levels at or above the previous gap it had from months prior?

"The biotech penny stock's price increased by 61.5% over the month. It started with the company presenting at the H.C Wainwright 21st Annual Global Investment Conference which occurred on September 9th. Towards the end of the month, IntelGenx announced its resubmission of RIZAPORT’s New Drug Application."*

Volume is always something to pay attention to especially when you talk about finding penny stocks to watch.

*Quote Source: 5 Money Making Penny Stocks To Watch This Week


Stock: IGXT

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