Savvy Trades and Investments

[value1008]

IVFH - KiK: the weekly chart looks like a big "cup" -- as in cup&handle might be eventually forming.... i.e., at some point IVFH may need to take a breather, go sideways for a bit, maybe just a couple of weeks, and then head higher.

Here's the daily chart-- the RSI is hardly overbought even at 74, given the stock's continued undervaluation on earnings and how so many other stocks have stayed overbought on their RSI's for far longer at junkier valuations.... The WilderADX trend-strength is powerful again, up at 29.5 and with the leading green line soaring above it. The stock skittishness before earnings, due to fears of hurricane denting the EPS, almost canceled out the WilderADX trend-strength, but IT'S BAAAAAAAACK!

Gotta love the sharp upward angle of the MACD-- even when it levels off it will still be going upward.

What's most impressive here are the big volumes on the nice two big recent up-days. That shows a lot of new buying interest, imo...... Hopefully should keep the trend going strong for a while.