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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.