Posted by downtowntrader | 11/10/2005 12:45:00 AM | 0 comments »

As promised earlier, here is an IVN chart. IVN has support at 200 sma and trendline and is at a very low risk entry. If it breaks down, it will probably be soon, if not, it would be the third test of the triangle which is usually the one that breaks higher. This is a longer term trade.