I was actually holding out for $1.31 on over reach selling ... but Claude was right and it wouldn't budge ... had my finger on the buy trigger and pulled it at $1.40 ... no point in playing INT for pennies.
I too had targeted $1.70 as possible first entry but today's surge was much weaker than usual, so I sat it out to cherry pick. No emotion.
INT is famous for Monday morning news, so I'd be looking for support based on that alone tomorrow. I just don't see it breaking down through $1.30's unless:
- bad INT news
- bad macro market news
Otherwise, INT is still in play and gut tells me it is far from over.
GT
