IGV is a software proxy with a regular bounce level at 101, but heavy exposure to cybersecurity and Palantir makes it not personally investable; it should stabilize after a slowdown in the cyber uptrend.
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IGV had a glorious bounce at 101. IGV is heavily exposed though to Palunteer and Cyber. So, I don't personally invest in IGV, but I do like using this as a little bit of a software proxy. 101 is a pretty regular bounce level.
Look at this 101 101 101. That's in the last 3 days on the 5minute chart here. Multiple bounces on 101. zoom out on the one day uh and you've got uh this is a retracement line which we've got some some areas to justify 101 uh but again very heavily exposed to cyber security and which has been on the pricey side.
It's come down a little bit the last few days. You could see the retracement's come down a little bit. We've been you know one heck of an uptrend here on cyber and um crowd strike you know same thing.
This uptrend has slowed a little bit. Now, this should stabilize.
IGV also pushing up again, which means Cyber's probably pushing up a little bit.
What this channel has said about $IGV
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