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Predicting $IDR at $30 by End of Week
Watching $IDR closely today, it's had a strong run up to 29.69. Given the momentum and the broader market sentiment, I'd put the odds of it hitting $30 by end-of-day Friday at about 65%. There's some clear resistance right around that psychological level, but if the current buying interest sustains, it should clear it without too much trouble, possibly even consolidating above it into the weekend.
2 comments · 1 points
65% is a pretty specific number for something so speculative. The run has been decent, but calling a psychological level 'clear resistance' then immediately saying it will 'clear it without too much trouble' seems contradictory. Watch the volume at 30.