$IVN Breaking Out!According to this simple Charting I'm starting to see a BreakOUT forming. Increased volume and 'momentum' is turning up.
I would love to hear your feedback on this? $IVN.TO
IVPAF trade ideas
IVN on the move againAs you can see from my markups on the Daily chart, Ivanhoe Mines (#IVN) is on the on the move again however has a couple of major milestones to break through... As you can see we have two trend-lines we are approaching, one being a shorter term ascending trend-line, the other being a longer term descending trend-line. Historically, IVN trades well when working with trend-lines so I am anxious to see this round how we respond to the upcoming/approaching trend-lines. Overall I am bullish on IVN. I am looking to make a higher-high to the ascending trend line. Lets wait to see how this pans out. Cheers everyone and remember, trade safe!
Trade Idea: Buy Ivanhoe Mines (IVN)Buy at current levels (C$12.22) or better
Stop: C$11.30
Target: C$14.40
Trendlines Tell a Story... IVN Updates#IVN has been an interesting stock to trade with large swings to the upside and as well to the downside. HOWEVER non the less, we have been on an uptrend journey... For a very long time; since March 2020! BUT what about now? I'm showing some concern here for the longs out there as we can see some pretty clear evidence of possible breakdown or the start of a transition. As you can see from my updated technical analyses, we have (4) different factors to show signs of weakness. The question to be held; Will the 200EMA be the comfort bounce we need to see this back up to the 10 dollar zone? Or with this pierce the 200 with no forgiveness. Opinion accepted!
Ivanhoe Mines - Minimum Retracement Almost ReachedInternational mining consultant Wood Mackenzie has ranked the Kamoa-Kakula Copper Project as the world's fourth-largest copper discovery, with copper grades that are the highest by a wide margin of the world's top 10 copper deposits.
The company has 3 principal projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discoveries in the Democratic Republic of Congo (DRC) and the Platreef palladium-platinum-nickel-copper-rhodium-gold discovery in South Africa; and the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the DRC.
Friedland is executive co-chairman. For more than 25 years, Friedland has been recognized by leaders of the international financial sector and mineral resource industries as an entrepreneurial explorer, technology innovator and company builder. He has successfully developed a portfolio of respected public and private companies whose initiatives have led to several of the world’s most significant mineral discoveries and mine developments, applications of disruptive technologies and contributions to significant economic growth in established and emerging markets in the Asia Pacific Region, Southern Africa and the Americas.
IVNfinancing news out for the platinum nickel....mine platinum on the move also for used in power storage and nobody has been mining it for yrs and shortage.
Ivanhoetunnelled into new zone with super high grade copper. I believe they are sitting on a huge pile of cash . has ptm holdings also. daily showing perhaps bit drop to retest but just noise. Weekly simple system.
Power of Trend-Lines on IVN.TOHere is another case study of the Power of Trend-Line technical trading. If you start from the far left and work you way to the right, you will see where I have connected milestone price points and have created Trend-Line connecting points both on a larger macro time frame (in Yellow) and as well as a micro time frame (in purple).
A nicely held bounce nearing the whole dollar mark of 6$ for a LONG position consideration with a 20 cent stop buffer. Lets see how this one pans out on the bullish side as addition recent news came out as of this mornings posting pre-market. Follow the Trend-lines to consider partialing out.
CDN stock IVN to drive into the ATH!Hi again! I'm taking a long in IVN at 6.20 with a modest target of 6.42. The 1 hour is pushing down pretty hard right now, so you might get a better entry if you wait a bit. But I'm not much for 1 hour charts so taking the long now.
Ivanhoe Mines Ltd. Back to Highs Ivanhoe Mines Ltd. is a mining development company, which engages in the exploration and development of mineral properties. Its projects include Platreef Project, Kamao-Kakila Project, Western Foreland Project, and Kipushi Project. The company was founded by Robert Martin Friedland on April 29, 1993 and is headquartered in Vancouver, Canada.
Ivanhoe Mines Ltd Ready for more gains. Vancouver, British Columbia--(Newsfile Corp. - August 7, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company is not aware of any company-specific reason that might be contributing to the recent decline in the company's share price.
CITIC Metal Africa Investments Limited's (CITIC Metal Africa) C$612 million ($464 million) second equity investment in Ivanhoe Mines is scheduled to close on August 16, 2019. The private placement transaction at a price of C$3.98 per share now has received all necessary internal approvals, as well as recordals and registration with Chinese government regulatory agencies. CITIC Metal Africa is a direct subsidiary of CITIC Metal Co., Ltd. (CITIC Metal).
Ivanhoe's joint-venture partner at Kamoa-Kakula, Zijin Mining Group Co., Ltd., exercised its existing anti-dilution rights on May 15, 2019, at a price of C$3.98 per share, which will yield additional proceeds to Ivanhoe of C$67 million (approximately $51 million) to be received concurrently with the CITIC Metal Africa private placement.
Upon closing, the additional funds from CITIC Metal Africa and Zijin Mining will position Ivanhoe to fully finance its share of the capital costs to bring the Kakula Copper Mine to commercial production.
AVERAGE ANALYSTS PRICE TARGET $7.71
AVERAGE ANALYSTS RECOMMENDATION BUY
P/E RATIO 71
SHORT INTEREST
COMPANY PROFILE
Ivanhoe Mines Ltd. is a mining development company, which engages in the exploration and development of mineral properties. Its projects include Platreef Project, Kamao-Kakila Project, Western Foreland Project, and Kipushi Project. The company was founded by Robert Martin Friedland on April 29, 1993 and is headquartered in Vancouver, Canada.
IVANHOE MINES LTD - TSX: $IVN Builds Its Right-SideSince recapturing its 200DMA back in February, IVANHOE MINES LTD - TSX:IVN has been trending sideways and in the process, building-out a massive base as we can observe from the Daily chart above.
Additionally, IVN continues to trade above all of its important moving averages 20/50/200 and remains in fine technical shape.
Furthermore, if one were to zoom-out to both the Weekly and Monthly time-frames, you can see that IVN is in the process of building-out a potential inverted H&S pattern that should such pattern materialize and complete, would suggest a measured move to the $5 - $5.25 zone.
Thus, both investors/traders may want to pay close attention to the action in the days/weeks ahead for if IVN can clear the $3.65 hurdle, such development would likely trigger its next meaningful advance into northern territory.
A diamond in the roughThe market is getting pretty beat up, but this copper play is holding up well. If we can get a bounce in the market, I'm looking for this pattern to play out.
Last big reversal was a falling wedge, now this time there is a diamond within a diamond.
Bullish trend in weekly MACD, now well above zero. Looking for RSI support around 50 to hold, and an eventual break above price of 3.60 with heavy volume to confirm breakout.
Long term outlook.
Daily trend reversalPrevious resistance of 3.28 now being tested as support, and a nice little hourly bull flag is being formed. On the larger scale this is a possible ascending triangle with overhead resistance around 3.60. Could be a nice break if we can push through that level.
Also, Musk says that copper is going to be in short supply with electrification. And this company has a massive copper mine coming online.
IVN IntradayIVN signal generated due to CHINA looking for Gold. CITIC increases stake to expand in Congo.
IVPAF - Ivanhoe MinesSmall cap Mining Stock to own when VIX jumps 5% like yesterday. Entry 1.79
Development and recovery of precious and EV specialty metals: Nickel, Copper, Gold, Palladium, Zinc, Germanium, and Rhodium.
CSX:IVH OTC:IVPAF Ivanhoe MinesSmall-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
* Nickel is byproduct of copper mining and likely behind deal with CITIC. investingnews.com
investingnews.com
* Zinc also potential driving this one back up.
* IVH chart from Investing News Network investingnews.com
* 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.
IVN - Flag formation Long from $4.93 or $5.03 to $6.43 IVN (IVPF on USA) broken out from a downward channel with good volume & strong Twiggs money flow followthrough. And now seems continuing upward farming a flag formation.
On weekly chart it also looks interesting, so we think it has good upside potential.
* Trade Criteria *
Date First Found- November 6, 2017
Pattern/Why- Possible flag breakout from channel
Entry Target Criteria- Speculative entry at Break of $4.93, Conservative entry $5.03
Exit Target Criteria- $6.43
Stop Loss Criteria- $4.47
Please check back for Trade updates. (Note: Trade update is little delayed here.)
