Breakout above retracement line on Friday.
Continuing the bounce off support from previous swing point high (14.44) which was broken previously.
A swing point low at 14.59 has been formed which could be the first higher low of the next leg up.
A break above swing point high 14.96 would confirm that a new leg up has been started.
Note: The swings in this stock are volatile and difficult to predict. I give no guarantees that a breakout will lead to another leg up or, if there is a leg up, that the leg up will be sufficiently profitable.
Daily Bar Chart
IVC Price at posting:
$14.87 Sentiment: Hold Disclosure: Not Held
