IVZ - Bearish until it Close above $11.56 and confirms

20 Tem 2020

Ran into this stock not too long ago and it looks like it wants to break out of a pattern. Im not convinced yet since the simple moving average is above the 9 & 21 EMA respectively. Im only interested in that potential $4 move to to $14.81 which is the highlighted target for a swing or position trade. For that reason, I have decided to set an alert as I can barely keep up with all these charts I mark. Hopefully, I get notified when this stock meets my criteria for getting in on this play. I will most likely revisit this in a few days or weeks from now. This is my simple strategy and that how I trade and it has worked for me.