IVR TO $5?
IVR is a mortgage company that was ranging from $14-$17 dollars per covid. This recovery play just broke the Falling wedge pattern in confluence with multiple support zone touches on the 4HR timeframe; indicating the beginning of very strong bullish sentiment . This will have to close above the previous high of $4.60 in order to verify a higher low. (Ultimately an uptrend) but this is a safe and conservative trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.