The second phase of the market pump has begun, bulls are about to flood in low cap contracts before mid-cap stocks continue the rally they began last week.
In my opinion, IVR is representing an entry point using Fibonacci retracements with capital left to add further dips. Current R:R at $3.97 is around 1:3.8
TICKER CODE: IVR Company Name: INVESCO MORTGAGE CAPITAL INC Industry: US Stocks Finance Real Estate Investment Trusts Position Proposed: BUY BUY ENTRY: READY (4.00) 2nd BUY ENTRY: 3.5 - 3.65 1st Partial Take Profit: 7.00 (August-September 2021) 2nd Partial Take Profit: 10.00 (October-November 2021) 3RD Partial Take Profit: 15.00 (June-July 2022) Stop Loss:...
A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). ... Flag patterns signify trend reversals or breakouts after a period of consolidation. First Target is 5.30$
Real and optimistic goals for IVR
short-term pt 5.20+ see related idea for c&h
BIG interest in this name from retail & institutional buyers Decent short interest gives squeeze potential $3.80-$3.90 saw huge volume, looking to get long in this price range
IVR is a mortgage company that was ranging from $14-$17 dollars per covid. This recovery play just broke the Falling wedge pattern in confluence with multiple support zone touches on the 4HR timeframe; indicating the beginning of very strong bullish sentiment . This will have to close above the previous high of $4.60 in order to verify a higher low. (Ultimately an...
sharing some personal hopium for my leaps lmfao
IVR - Jun 10 close good above 4.20 and thats a good sign, target : 4.5 - 8.00 as short term target good luck with it
plus we are above the pitchfork median.
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$IVR went up 17% today and up 11% AH for no particular reason. I sense a pump and dump forming to futher distract us from the MOASS $AMC. How ever we should take this oppertunity to our advantage and play the trend while taking our profits over to AMC. Thats what im doing, you can do what you want. I feel like it could reach $8+ before being dumped. Tomorrow I'm...
Personally, I am very concerned with what will happen in the real estate market come July when people are expected to start being foreclosed on... Due to COVID this has been delayed for months... It could keep being delayed, but I have been hearing July is when it will start. This is what makes this trade HIGH RISK. Based on my TA I have given trend lines, entry...