CSX:IVH OTC:IVPAF Ivanhoe Mines
Updated
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 strong in 2017 and weakened in 2018. investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-production-country/
* Nickel is byproduct of copper mining and likely behind deal with CITIC. investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/new-besties-ivanhoe-mines-citic-ink-c723-million-deal/
investingnews.com/category/daily/resource-investing/base-metals-investing/nickel-investing/
* Zinc also potential driving this one back up.
* IVH chart from Investing News Network investingnews.com/stock-information/?symbol=ivn:ca
* Active projects in CAN and South Africa
Hit copy, make mine and change to 1D and 1W and add Fib retracement.
This is mining small-cap/micro-cap stock, so risk beware and make own conclusions.
* 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 strong in 2017 and weakened in 2018. investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-production-country/
* Nickel is byproduct of copper mining and likely behind deal with CITIC. investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/new-besties-ivanhoe-mines-citic-ink-c723-million-deal/
investingnews.com/category/daily/resource-investing/base-metals-investing/nickel-investing/
* Zinc also potential driving this one back up.
* IVH chart from Investing News Network investingnews.com/stock-information/?symbol=ivn:ca
* Active projects in CAN and South Africa
Hit copy, make mine and change to 1D and 1W and add Fib retracement.
This is mining small-cap/micro-cap stock, so risk beware and make own conclusions.
Comment
Break out form cup and handle returning to resistance line. Timing for next break upward depends on many things. Expect EV metal futures will drive this very soon.Trade active
4H Chart quite different than day and week chart, so short timing windows here. Fib retr is at .786 and likely returning to .618.tradingview.com/chart/p6kYmd1t/
Trade active
This was closed and new entry 1.79.Comment
Closed out again at 3.15, await AU/AG strengtheningPA/PL showing signs of PL increasing value.
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