Fundamental analysis indicates IVR has seen the worst of its COVID related impacts, since 23MAR20 it has slowly been recovering (roughly 80%). Sentimental analysis sets the stage for a continued recovery as the housing market performs well as interest rates are being kept low encouraging purchases. Technical analysis shows IVR has developed a pattern of...
Requested Video breakdown on $IVR
Going to Keep this short and sweet. Over the last 2 years prior to COVID-19, Invesco Mortgage Capital consistently steered between $15 - $17. With a potential Vaccine in the mist of being approved from Pfizer... www.nytimes.com I expect the nation to bounce back and quickly... With $IVR Currently sitting at $3.13 a 500%-550% growth over the next 3-5 months...
Ascending Triangle-Will Enter Long Today With Strict Stoploss
Testing My Patience- Expecting Breakout
ENTERED LONG @ 2.80 NO FIXED TARGET
Sitting well on the 200MA, 7 SMA gonna get crushed. Good support at around 3.40 :)
EXPECTING A SUDDEN SPIKE ANYTIME SOON.HOLDING LONG POSITIONS
After the COVID dump, $IVR bounced up to the second retracement level with a vengence. It pulled back from there after round 2 of panic selling, but now appears to have bottomed out halfway below the first retracement level. I say this because the daily MACD signal line appears to now have a bullish trajectory. So with higher lows, huge upside potential, buyer...
3$ resistance is new support. lets see if we can break it. still have 12$ gap to fill
come Monday if the market goes lower than previous closed I'm loading up its back to is key support
From a technical standpoint i see a 41 day loading zone from the previous consolidation to move up to 8.40. In theory if 3.50 holds as support we have another 30 days to load IVR before the next leg up after the consolidation period. These are my own insights and opinions on this stock do not take my opinions as investment advice and always do your own du diligence.