Where does IVN go from here? Technically we are in no man.'s land. If this doesn't bottom out around $6.70-$6.80, we could see the stock slide down to the 50 day moving average of around $6.30. Time to load up there again.
At the end of the day IVN will be in the low teens by Summer's end and I'm holding half a position long term. Just having some fun trading the other half.
H