Ion Geophysical Corp. (IO) shares scored a new FusionIQ 100 rating for its technical price strength. As a provider of seismic data services to the exploration industry IO is likely to see increased use for its services as new exploration will continue to be on the front burner as oil process remain high. The point and figure target, while conservative at $ 25.50 offers ample upside potential given the groups leadership position.
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