Pokethebear

CSX:IVH OTC:IVPAF Ivanhoe Mines

Pokethebear Updated   
OTC:IVPAF   Ivanhoe Mines Ltd.
Small-cap: IVH or OTC: IVPAF showing potential entry. Shown here is 2h chart.
* Fib retracement on 1D indicates entry at near 1.50-1.54 and currently at 1.57.
* CCI coming up to entry zone
* Falling wedge coming to Fib resistance zone .768 (1.50-1.54)
* Relative Strength nearing breakout, or if falls below 1.48 review position
* Copper prices were strong in 2017 and weakened in 2018. investingnews.com/da...-production-country/
* Nickel is byproduct of copper mining and likely behind deal with CITIC. investingnews.com/da...k-c723-million-deal/
investingnews.com/ca...ng/nickel-investing/
* Zinc also potential driving this one back up.
* IVH chart from Investing News Network investingnews.c...ck-information/?symbol=ivn...
* Active projects in CAN and South Africa

Hit copy, make mine and change to 1D and 1W and add Fib retracement.

This is mining small-cap/micro-cap stock, so risk beware and make own conclusions.
Comment:
Break out form cup and handle returning to resistance line. Timing for next break upward depends on many things. Expect EV metal futures will drive this very soon.
Trade active:
4H Chart quite different than day and week chart, so short timing windows here. Fib retr is at .786 and likely returning to .618.
www.tradingview.com/chart/p6kYmd1t/
Trade active:
This was closed and new entry 1.79.
Comment:
Closed out again at 3.15, await AU/AG strengthening
PA/PL showing signs of PL increasing value.
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