IVN - Flag formation Long from $4.93 or $5.03 to $6.43
IVN (IVPF on USA) broken out from a downward channel with good volume & strong Twiggs money flow followthrough. And now seems continuing upward farming a flag formation.
On weekly chart it also looks interesting, so we think it has good upside potential.
* Trade Criteria *
Date First Found- November 6, 2017
Pattern/Why- Possible flag breakout from channel
Entry Target Criteria- Speculative entry at Break of $4.93, Conservative entry $5.03
Exit Target Criteria- $6.43
Stop Loss Criteria- $4.47
Please check back for Trade updates. (Note: Trade update is little delayed here.)
On weekly chart it also looks interesting, so we think it has good upside potential.
* Trade Criteria *
Date First Found- November 6, 2017
Pattern/Why- Possible flag breakout from channel
Entry Target Criteria- Speculative entry at Break of $4.93, Conservative entry $5.03
Exit Target Criteria- $6.43
Stop Loss Criteria- $4.47
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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