The following is technical analysis on Ivanhoe Energy, Inc. (IVAN) stock for September 17, 2009Ivanhoe Energy, Inc. (IVAN) Support and Resistance Levels - 9/17/09
Resistance Levels - $3.99
Support Levels - $2.65, $2.25
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Ivanhoe Energy, Inc. (IVAN) exploded on positive oil news last night. Support should be located around $2.65-$2.70 which is where IVAN closed afterhours last night. There is really no major resistance until all the way up at $3.99 so if enough volume comes in, the stock could reach that area. IVAN will be one of the hottest stocks today!
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