My friend AgentT ask me to look at IPVG, where is it heading?
It's one year trend is still intact, at a very healthy 45 degree slope.
Previous channel from Feb - Jul , 2007 seems to be repeated from August to date.
After Feb - July channel, it went up to 11.50 and went down again to consolidation. Assuming history will repeat itself for IPVG , mirroring that previous price action, it could go as high as 13.50 when it breaks at 9.0. If I enter IPVG I should plant the bomb at 9.0. So I won't explode with my own planted bomb.
Good luck !
By tradingbless at 2007-11-07
Tuesday, November 6, 2007
IPVG direction please?
Posted by MoneyBullsEye at 11:14 PM
Labels: PSE STOCKS
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