According to this simple Charting I'm starting to see a BreakOUT forming. Increased volume and 'momentum' is turning up. I would love to hear your feedback on this? $IVN.TO
Since recapturing its 200DMA back in February, IVANHOE MINES LTD - TSX:IVN has been trending sideways and in the process, building-out a massive base as we can observe from the Daily chart above. Additionally, IVN continues to trade above all of its important moving averages 20/50/200 and remains in fine technical shape. Furthermore, if one were to zoom-out...
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...
Nice setup that possibly no one is watching. If a shift to commodities-metals happen, we could see a nice RR trade here.
IVN or IVPAF (US) has huge upside potential. Our fundamental Analyst Strath thinks that it is like buying a option without expiration data & it will be 10 - 20 times bagger over the years to come. Trade Criteria Date first found - January 17, 2017 Entry Target Criteria- current price Exit Target Criteria- Momentum Stop Loss Criteria- N/A (Note: Trade update...