11/06/98 Ivax
Corp (IVX)
Points to watch: Stock closed at Gann
resistance at 10.38, and above long term resistance at 10.06. Daily RSI and MACD are
rising. Weekly CCI has given a buy signal. OBV has been in an uptrend since January.
Downside support exists at 8.93. Buy on close above 10.5, placing a stop just
below resistance and near the 21 day moving average of 8.77. |