Here is the stock chart showing Ebix Inc’s (EBIX) 17% move in just six days as posted in the social media (Twitter, Stocktwits, Facebook, InvestFeed, Reddit, Google+ etc.) today.

As so often is the case, everything started with the stock forming an explosive chart pattern (flat base) and a positive news story. All it took was word that company was given the go-ahead to launch its insurance software in London, and the stock took off. Take a look:

EBIX's (EBIX) 17%+ move in just 6 days

–pj

Leave a Comment

Your email address will not be published. Required fields are marked *