SmarTrend's Candlestick Scanner Detects Bullish Inside Day Pattern for iShares S&P 500 Value Index Fund (IVE)


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SmarTrend's candlestick pattern scanner detected a bullish inside day candle pattern for shares of iShares S&P 500 Value Index Fund (NYSE: IVE). Yesterday's price range of 57.16 and 57.81 is within the previous day's price range.

This trading action often signifies indecision by bulls and bears to drive prices higher or lower and often implies a possible change in trend.

Traders and investors interested in shares of iShares S&P 500 Value Index Fund may want to consider an appropriate entry level in the event a reversal to the upside transpires. It is important to look for confirmation.

SmarTrend issued an Uptrend alert on shares of iShares S&P 500 Value Index Fund on March 02, 2010 at $53.99 per share (6.6% return since that call). This bullish candle pattern may point to a continuation of the previously called Uptrend.

Write to Chip Brian at cbrian@tradethetrend.com

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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