IVR trade ideas
IVRInvestment position in a profitable portfolio. This security is one of the undervalued, remained at the bottom, with a 300% upside potential to the level of $ 16. Has a dividend yield of 8%. The worst for this security is over, unhurried growth with 3 targets - $ 5.35, 7.27 and 15.84 is expected. At the bottom there is a formed tapering triangle pattern and is expected to break up. Judging by the VPVR indicator, the paper is actively gaining, you can see decent volumes. The technique for this position is to recruit until the second goal is achieved. The time frame for achieving goals is from a year.
IVR Symmetrical triangleIVR has been beaten down due to it's performance during the pandemic and may never see it's old all time high again. It's not all bad news however as the stock has run up quite a bit since falling and has formed a symmetrical triangle. This symmetrical triangle has broken out to the upside recently. My price target for this formation is 5.10USD. The measured move is based on the local high at 4.60 to the bottom of the first impulsive sell off at 3.51. My entry for this trade is at 4.06USD, I already entered this trade today. There could be a retest of the descending trendline that could provide a good entry under 4 dollars as well. My stop for this trade is at 3.71USD, which is just underneath the break up candle low from march 25th. This set up gives me a risk reward of 2.9 with a profit of 25%, not bad. The only thing That is not great is there has not been a increase of volume since the breakout, however that is normal for penny stocks in my opinion. Let me know what you think of this trade in the comments.
IVR Pandemic recovery roadmapInvesco Mortgage Capital (NYSE: IVR ) is a mortgage REIT with a portfolio that consists of commercial and residential mortgage-backed securities, among other assets.
IVR ex-dividend date is coming up on April 8th. The weekly chart has just had its first highest weekly close since January and completed the cup and handle pattern formation. we can expect a good recovery into the year as investors regain confidence in the mREIT market.
First TP would be a retest of January highs at 4.6
Second TP would a retest of 2020 highs at 8.02
Stoploss is 3.7 - 3.5 depending on risk tolerance.
Move stoploss accordingly to new highs and lows in the market.
Please like and follow if you found this idea helpful. GL.
IVR Break OutIt looks like IVR wants to break out of its wedge. The MACD is crossing and the price is close to the POC. Pice tested the .5 fibonacci level yesterday. This may rise as it looks like a relative value compared to the broader market.
$4.6 short term target.
IVR potential long with break of triangleNYSE:IVR
triangle consolidation. I am long, hope for break above the resistance. Huge potential and good risk to reward ratio.
IVR LongDef new to me to post a weekly chart but this thing is a gem!! I'm loading on every tiny dip and holding this thing till 16s even if it takes years. BEAUTIFUL setup :)
Base building and triangle formation... Beat down stock due to the pandemic, beat earnings expectations, forming a good base with a great triangle pattern. Breakout soon but which way?
Big triangle goes back to last year Not trading advice
Looks great on weekly and daily
Pulled above area of high confluence and pulled back. Looking good. Multiple triangles. Wait for confirmation
PT 12$
I would get out at 10$ though
Not advice. Don't listen to me.
$IVR Watching this on Monday for Quick BucksMAs 15 and 21 intersected recently with 15 posing upward. RSI Stoch on oversold level. This is also forming a bullish pennant form. Plotted blue for entry, red for cut and green for TPs. Possible 2.93$ gain per possible loss. Worth the trade risk!
IVR Closing above 4.00 - a breakout ?IVR CLOSING ABOVE 4.00
I think the one to watch that’s going to breakout RKT is Invesco Mortgage capital (IVR) it has buy signals from both short and long-term moving averages also there good buy signal where the short-term average is above the long-term average.
It’s got support at 3.65 and 3.14 and is right up at the top of the channel at 4.00.
This coupled with it just teasing to break through the upper band of its keltner channel at 4.01 makes it one to watch. (a breakthrough above the upper envelope of the melter channel is seen as a sign of strength and the uptrend is likely to continue)
Invesco Mortgage Capital
Company Profile:
Invesco Mortgage Capital Inc., also called Invesco Mortgage Capital, is a holding company, which engages in investing, financing and managing residential and commercial mortgage-backed securities and mortgage loans. The firm primarily invests in the following: residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), non-agency RMBS, non-agency CMBS, credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises, residential and commercial mortgage loans, and other real estate-related financing arrangements. The company was founded on June 5, 2008 and is headquartered in Atlanta, GA. The listed name for IVR is Invesco Mortgage Capital Inc
Details in chart. COVID hit. Company seems to slowly be improving financials. Quarterly coming up soon. Q3 was a good listen. I feel a positive turnaround coming along. Looking for price to hit $12.17 by 2022 min. I don't believe they will bankrupt. Looking forward to upcoming call. Might grab a couple shares just to get in early but will watch this for a while.
What do you think?
Like, Follow, Agree, Disagree!
IVR Breakout Imminent?3.75 Support Tested 3 Times, large volume starting to move in. When IVR enters a channel of consolidation historically a breakout usually happens thereafter. Upcoming earnings poses a huge opportunity for IVR to take the leap it needs to stay safely above the $4 price mark. An increase to dividends next quarter would likely give this stock the momentum it needs.
Picked up IVR herePicked this up today, looks ready to do something and still down 80% since pre COVID. Lots of upside potential and pays a dividend
First Target is 4.48$The first target is 4.48$.The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time. The regular head and shoulders pattern is defined by two swing highs (the shoulders) with a higher high (the head) between them.
