hey guys after a long time @IVC stock has shown signs of recovery this stock is in a long downtrend and is bearing resistance from 20 day ema and 50 day ema as you can see in the above post this stock was following a pattern and after a short period of time it has taken support on the above resistance ice has also taken support on the 50 day ema and due...
Invacare Corp. engages in the manufacture and distribution of medical equipment used in non-acute care settings. It focuses on medical device solutions for congenital, acquired, and degenerative ailments. The firm operates through the following segments: North America and Europe. The company was founded by Aaron Malachi Mixon III in 1979 and is headquartered in Elyria, OH.
IVC LONG BULLISH @ 1.55 IVC Long Bullish TARGET 1.90 IVC Long Bullish IVC Long Bullish IVC Long Bullish
Nice uptrend channel, looking to take profits at the trendline resistance, and leave runners for a potential breakout
Percentage of float shorted 28.5%. Days to cover is 24. I'm anticipating a larger than usual upward movement tied to earnings or the next Short Interest Publication date of Aug 10.
Potential entry above $9.85 Short term target $10.70
IVC needs to close above the wedge (yellow) to climb back to previous high
7MA and 14MA crossed (daily) and MACD coming off back end of sell off
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The red arrow is signalling the upper lower shadow that tested the new support that was resistance in the 16.00 level. The other key here is the counter trend line that is very useful for price action oriented traders The target is the job of the trader. I already fulfilled my part: (Find Price Patterns) and put in your desk