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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Taki who wrote (3772)	1/25/1999 10:46:00 AM
From: realtimer	Read Replies (1) \| Respond to of 15987

IVHD a bump in the road for all the right reasons....Well, wasn't that some real fast fun !? Trading last week was indicative to me of some profit taking on IVHD, a little early though, don't you think? But, the bids held up extremely well under fire and this tells me we have established a significant new trading range here. Now this pricing area looks more like a launch platform for higher prices than a re-grouping point. No one should be startled when there is a sell-off to cash in some chips and the big news on this company is still forthcoming begging higher prices. I say Buy on these dips here, add to existing positions and start new positions as long as stock can be bought under the .40 to .45 cent level. Based on the new buying here and above these prices over the past ten days, this IS the action course to follow right now. Resistance: IVHDs trading history says the next significant resistance point is not until the .55 to .65 area unless the news and momentum carry it straight through to new highs. Past rallies show the 60 cent trading area to have been a major price entry point for past buyers, not to mention the significant volumes above this level up to a buck.... There was a lot of resistance at .60 in the past, and a lot of buying at .65 in the past, so some may want out unless new investors buy through that level quickly, (a good possibility with news). IVHD has shown good liquidity the past week. That is a most bullish sign for ANY stock.......