I'd hold off selling the IFE options, convert them or grab some more. Give IFE a few more days until say Thursday, we should see buying very soon.
Though the buy sell depth for IFE does not look solid at the moment, but IFE has defitely been supported at that 85c support level very well.
The IFE and TA and charts tell a very telling sign with sell volumes dropping considerably with divergence seen with SP and volumes. The IFE chart has also consolidated for 3 weeks now and a Pennant has formed very clearly ready for breakout to test the 95c and 100c mark. This pennant formation is a highly reliable TA charting pattern.
TRF Price at posting:
44.5¢ Sentiment: LT Buy Disclosure: Held
