IWEB - Iceweb, Inc. (OTCBB Stock)

[rtace]

IceWEB Inc.
205 Van Buren Street
Suite 150
Herndon, VA 20170
United States - Map
Phone: 703-964-8000
Fax: 703-964-0160
Web Site: http://www.iceweb.com

ceWEB, Inc., together with its subsidiaries, provides hosted software applications and network infrastructure solutions to small and medium-sized businesses, non-profit organizations, and government organizations in the United States



Chart has become of interest because of an apparent channel and it's sitting on the bottom as of today

[greencat]

IWEB held support and could be ready to make a nice move up. Adding to my watch list. Must hold support or I take the loss.

[greencat]

Originally Posted by greencat

IWEB held support and could be ready to make a nice move up. Adding to my watch list. Must hold support or I take the loss.

IWEB finally made the move. Looks like it will make a higher high.

IWEB Chart

[greencat]

IWEB making a round bottom with a cup pattern. Possible inverted head and shoulders will happen if IWEB moves. I expect it to move to heavy resistance at .25 and then make a right shoulder.

[greencat]

IWEB has a cup/ inverted head and shoulders pattern. On the break of the top trendline it becomes a buy.

[Klipper22]

Originally Posted by greencat

IWEB has a cup/ inverted head and shoulders pattern. On the break of the top trendline it becomes a buy.

I watched this trade today. Looked like it was gonna get its "giddy up" on, but couldn't quite muster the energy. Support was strong at $.20 when it pulled back. Certainly worth the radar for a breakout.

IWEB's news today (it also released financial data which I have not read as of yet):

IceWEB Receives Order for Storage Platform Upgrade From Fortune 500 Telecommunications Company

STERLING, VA--(Marketwire - 02/16/11) - IceWEB™, Inc. (OTC.BB:IWEB - News), IceWeb - Data Storage & Custom Built Appliances, a leading provider of Unified Data Storage and building blocks for cloud storage networks, announced today that it received a follow-on order for a 54TB Storage Appliance through one of its strategic partners.

"This add-on order is for a Geospatial Information Systems (GIS) application which is one of the fastest growing data storage markets. The growth in the GIS and other markets is being fueled by the unprecedented increase in the amount new data being created every day," stated Mr. Tim McNamee, IceWEB Federal Channel Manager.

"Most of this new data is not the structured database records of yesteryear; instead its unstructured web pages, digitized images, graphics, maps, CAD, and multimedia voice and video. Our Unified Data Storage Appliances are designed to handle both unstructured and structured data, making them the ideal solution for today's ever-changing market needs," concluded, Mr. McNamee.

This storage platform upgrade will be delivered in IceWEB's fiscal second quarter which closes on March 31, 2011.

[greencat]

IWEB makes a ice move..