Financial Sector Looking SolidIVZ broke out of a range that broke to the down side first with a complex pullback and then broke out to the upside on new momentum. This was confirmed on the MACD and as well. There was a pullback after the touch of the keltner channel indicating a new trend to the upside which was then followed by a pullback. The pullback was not as controlled as I normally like it but, this stock is showing so much strength, I don't think it matters.
IVZ trade ideas
bullish divergencebullish divergence and falling wedge breakout . A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.
Invesco earnings beatInvesco Plc (IVZ) reported Q4 December 2021 earnings of $0.86 per share on revenue of $1.8 billion. The consensus earnings estimate was $0.76 per share on revenue of $1.2 billion. Revenue grew 8.2% on a year-over-year basis. Great long entry here for bulls. A lot of Pension Funds invest in Invesco. Here's important levels on the 1 day chart:
P/E = 8.525
EPS = $0.86
Div/Yld = 3.083
52 week high = $29.71
52 week low = $20.40
SMA200 = $25.40
SMA150 = $24.72
SMA100 = $24.40
SMA50 = $23.66
breakout = $27.02
R3 = $26.30
R2 = $25.57
R1 = $24.85
pivot = $24.13
S1 = $23.40
S2 = $22.68
S3 = $21.96
breakdown = $21.23
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7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
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+5% portfolio trades, capital risk management
Beware of analyst's motives
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Lack of planning & discipline
Forgetting restraint
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Our scanner pointed out IVZ as a possible trading opportunity.Current price is at a decent distance from 52-weeks highs and lows, according to the formula: .
The system identifies more buyers than sellers at this time.
Company was also compared to its competitors and has higher than average score.
Here's the algo trader best strategy to trade.
IVZ 5.29.21still a BUY and HODL. I have not changed my mind on my target of triple digit Invesco. So underpriced imo compared to most of the crap out there. Most bullish on IVZ, AG, BUD, and all metals. Commodity grand cycle is here. When IVZ really wakes up ppl will be very sad not to have loaded it up at 15 dollars when we were first telling ppl
IVZ Bullish SwingTechnical indicators are saying that this broken down stock is a "buy". Tradingview has rated this stock a "strong buy".
It has much room to run up and it can slice through price easily, as it sold off quite easily earlier this year.
This stock is in the S&P500 and could be worth looking into for a bullish trade.
Invesco Ltd Buy Based on Insiders
2020-09-03 16:20:52
2020-09-02
IVZ Beshar Sarah Dir P - Purchase $10.54 +9,500 47,021 +25% +$100,117
M
2020-09-02 16:10:11
2020-09-01
IVZ Flanagan Martin L Pres, CEO P - Purchase $10.19 +294,507 4,410,454 +7% +$2,999,988
2020-05-04 16:42:16
2020-05-01
IVZ Henrikson C Robert Dir P - Purchase $7.93 +12,660 55,334 +30% +$100,356
2019-06-10 16:53:59
2019-06-07
IVZ Wagoner G Richard Jr Dir P - Purchase $20.71 +10,000 40,648 +33% +$207,120
2019-05-14 16:37:58
2019-05-13
IVZ Canion Rod Dir P - Purchase $19.84 +10,000 106,116 +10% +$198,400
2019-05-06 16:22:19
2019-05-02
IVZ Johnson Ben F. III Dir P - Purchase $21.37 +10,000 54,618 +22% +$213,700
2019-05-06 16:20:35
2019-05-02
IVZ Canion Rod Dir P - Purchase $21.24 +10,000 96,116 +12% +$212,400
2019-02-25 16:11:09
2019-02-22
IVZ Beshar Sarah Dir P - Purchase $18.97 +5,270 20,601 +34% +$99,972
2019-02-22 16:13:01
2019-02-21
IVZ Canion Rod Dir P - Purchase $18.89 +20,000 84,451 +31% +$377,800
2019-02-11 16:44:02
2019-02-08
IVZ Canion Rod Dir P - Purchase $17.97 +10,000 64,451 +18% +$179,700
IVZ - Bearish until it Close above $11.56 and confirmsRan 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.