We have seen today some churn in INT shares right after it hit 0,65$. I would tend to say that it was a regular situation where we do not have yet all the details and that on friday many were able to buy at 0,455 giving them close to 50% profit in only 1 day (or even less).
For most traders, it is normal and correct to take some off the table when situation arise where you made so much profit in so less time.
The value of INT does not make any doubt at this point and we could expect a release of all details pretty soon and at the actual price it would be very surprising that a downtrend will follow the next release.
Will the share rise tomorrow??? Good question and it will depend upon the number of buyers compare to the number of sellers.
Will it be exciting: yes it will be again but if you took your profit today, enjoy the ride !
For most traders, it is normal and correct to take some off the table when situation arise where you made so much profit in so less time.
The value of INT does not make any doubt at this point and we could expect a release of all details pretty soon and at the actual price it would be very surprising that a downtrend will follow the next release.
Will the share rise tomorrow??? Good question and it will depend upon the number of buyers compare to the number of sellers.
Will it be exciting: yes it will be again but if you took your profit today, enjoy the ride !
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