IVR Momentum Turning to Buyers
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 momentum, a still somewhat oversold (Stoch) levels, I have entered into a 3month deep-in-the-money CALL option.
Target 1: $5.60 <<<<< this is a double-your-money target, but each of these targets are realistic. Don't get greedy!
Target 2: $8.00
Target 3: $9.80
Target 4: $11.80
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 momentum, a still somewhat oversold (Stoch) levels, I have entered into a 3month deep-in-the-money CALL option.
Target 1: $5.60 <<<<< this is a double-your-money target, but each of these targets are realistic. Don't get greedy!
Target 2: $8.00
Target 3: $9.80
Target 4: $11.80
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.