OTCPK:IVWFF - Post by User
Comment by
threecpxon Mar 13, 2007 3:33am
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Post# 12406610
RE: Lead Up Over 7% on News
RE: Lead Up Over 7% on NewsAccording to the momentum indicator on your chart the next direction is down. IVW = lead, that's the dogma.
Bird death or environmetal contimation attributre to lead. I don't think this is going to go away soon. More down-draft to come.
Buy on the next rise from the bottom not on falling prices. Lead is known for its bad attributes. Look for a corss-over to the up-side of the 2d sma over the 4d ema, that will be the first signal, preliminary.
2 cents