IVC 0.35% $11.45 invocare limited

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  1. 408 Posts.
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    Breakout  above retracement line on Friday.
    Continuing the bounce off support from previous swing point high (14.44) which was broken previously.
    A swing point low at 14.59 has been formed which could be the first higher low of the next leg up.
    A break above swing point high 14.96 would confirm that a new leg up has been started.

    Note: The swings in this stock are volatile and difficult to predict. I give no guarantees that a breakout will lead to another leg up or, if there is a leg up, that the leg up will be sufficiently profitable.

    Daily Bar Chart
    IVC Daily Trendline Break 2017-06-23.png
 
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Currently unlisted public company.

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