IFL looks constructive and recently it has been consolidating at the Resistance level. As it has been in the range, we might see a minor swing low towards the upward sloping trendline around $3.90 - $4.00, which is also my Buy Zone. If it pulls back, it could be a very good buying opportunity for the next leg higher. I would wait for bullish price action...
IFL is looking good and has been printing higher highs which is a good sign. Currently it seems that it may pull back lower to print a higher low. I expect price to retrace lower towards my Buy Zone between $3.85 - $3.95, which is previous support and also trendline support. I will be taking a long position after bullish price action in the Buy Zone. Please note...
Breakout Long @ 3.65 Tp1 3.69, Tp2 3.75 SL 3.56 A strong quarterly report should support this short-term movement. DOM pointing to strong resistance at 3.69. Keep an eye on what happens after hitting this target.