IVN or IVPAF - has huge potential to be 10-20 bagger.

IVN or IVPAF (US) has huge upside potential. Our fundamental Analyst Strath thinks that it is like buying a option without expiration data & it will be 10 - 20 times bagger over the years to come.

Trade Criteria
Date first found - January 17, 2017
Entry Target Criteria- current price
Exit Target Criteria- Momentum
Stop Loss Criteria- N/A


(Note: Trade update is delayed here.)

Comment:

January 18th - Hit entry criteria today as it broke out yesterday's high in the morning.
January 20th - Good upward move holding above EMA lines, looking very good as long.
January 23rd - Huge 8.17% upward move with huge volume. Looks a very good long trade. Updating stoploss to $2.53
January 25th - Made a higher high & closed near yesterday's top. Already 15% up from discussed opening price, Looking very good as long.
January 27th - Going up holding above EMA 5, that is very bullish sign.
February 1st - Nice 2.66% upward move after adjusting to EMA 9, looking good as long.
February 2nd - Declined & tested EMA 9, We would not be surprised to see it coming back to MA20, but if it breaks below MA20 we would consider closing the position.
February 6th - Showing some strength from EMA lines, let's see if it can move any higher.
February 7th - Went up nice 5.37% today & closed at the top of the range. Looking very good as long. Updating stoploss to $2.83
February 8th - Nice upward move & made a higher high. Looking very good as long.
February 10th - Uptrend continued with another 4.3% gain today, and made a higher high. Looking very strong. Updating stoploss to $3.07

Comment:

April 11th- Broke above its downward channel formation, and made a new high. Looking very good as long.