IVX -
My 6mth daily candles chart, + 8- & 20-period EMA (Exponential moving average line) tells me that the 2.1 trades on 24th broke out the SP above the 2.0 resistance and the 20EMA. Hence 1st S/Term target = 2.7 IMO, being the bottom of the bearish engulfing red candle on Armistice Day.
Merry Christmas & a HNY to all who've this year liked my posts and begun following me.
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IVX - My 6mth daily candles chart, + 8- & 20-period EMA...
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