RE:My take now that markets are closed !momentumstocks wrote: No one, I mean no one knows where markets are going !!!
Having said that, when I see as powerful a rally as witnessed in the last 5 hours of trading and I still drool at IVN's News release this morning, I cannot help but wished I had bought another two or three thousand shares today. Today's market did not allow IVN to bust out and leave the rest of its peers in its tracks. Now I'm thinking that we open with a bang tomorrow morning to make up for today's non movement and you can probably tack on another 2%-3% on top of that now that nervous nellies have been pushed aside, at least temporarily. Don't get me wrong, I would have loved this thing at sub $10 but IVN has so much going for it and so close to opening Phase 2 that this puppy will become a cash cow in no time !
All in all, tomorrow could be a 10% move simply because IVN needs to make up what it lost the last few days and what it failed to gain today !
Close above $12 tomorrow is probably in the works !
Very good chance , daily candlestick is gorgeous and over on FCX the candle is as good as it gets hollow red hammer right off the 200ma dyodd