Beat down stock due to the pandemic, beat earnings expectations, forming a good base with a great triangle pattern. Breakout soon but which way?
This looks like a prime target for some stonk action. T: $10
Not trading advice Looks great on weekly and daily Pulled above area of high confluence and pulled back. Looking good. Multiple triangles. Wait for confirmation PT 12$ I would get out at 10$ though Not advice. Don't listen to me.
MAs 15 and 21 intersected recently with 15 posing upward. RSI Stoch on oversold level. This is also forming a bullish pennant form. Plotted blue for entry, red for cut and green for TPs. Possible 2.93$ gain per possible loss. Worth the trade risk!
IVR CLOSING ABOVE 4.00 I think the one to watch that’s going to breakout RKT is Invesco Mortgage capital (IVR) it has buy signals from both short and long-term moving averages also there good buy signal where the short-term average is above the long-term average. It’s got support at 3.65 and 3.14 and is right up at the top of the channel at 4.00. This coupled...
Company Profile: Invesco Mortgage Capital Inc., also called Invesco Mortgage Capital, is a holding company, which engages in investing, financing and managing residential and commercial mortgage-backed securities and mortgage loans. The firm primarily invests in the following: residential mortgage-backed securities (RMBS), commercial mortgage-backed securities...
3.75 Support Tested 3 Times, large volume starting to move in. When IVR enters a channel of consolidation historically a breakout usually happens thereafter. Upcoming earnings poses a huge opportunity for IVR to take the leap it needs to stay safely above the $4 price mark. An increase to dividends next quarter would likely give this stock the momentum it needs.
Picked this up today, looks ready to do something and still down 80% since pre COVID. Lots of upside potential and pays a dividend
The first target is 4.48$.The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time. The regular head and shoulders pattern is defined by two swing highs (the shoulders) with a higher high (the head) between them.
Dedicated a solid portion of my portfolio to this play. Share some ideas below!
Have you guys read the companys SEC filing yesterday? 45 million common shares are being issued, not yet though. And if you read the risks assoiciated disclosure in SEC filing, the company can literally issue all kinds of securities that can be exchanged to common stocks and stock shares. The proceeds from these acrivities may also go places that will "not be...
Close Above 2.90 Expecting 3.50-4.00