I agree that $1 is very possible.I also think that the traders...

I agree that $1 is very possible.

I also think that the traders are going to retunr tomorrow or very soon to this one. The reason being that I think its broken out of a descending triangle and volume is increasing.

Many traders prefer an entry from a very strong and confirmed base (risk/ reward setting). Its probably still a bit too early to confirm a break away from this protracted base though. I think this week will confirm if we are really on the move this time or not.

To reach the $1 IDL will go through a series of growth and consolidations. It is possible that $1 may get hit earlier than years end but will also depend on what the overall market does.

Watch you stop losses