After the COVID dump, 
IVR bounced up to the second retracement level with a vengence. It pulled back from there after round 2 of panic selling, but now appears to have bottomed out halfway below the first retracement level.
I say this because the daily MACD signal line appears to now have a bullish trajectory. So with higher lows, huge upside potential, buyer momentum, a still somewhat oversold (Stoch) levels, I have entered into a 3month deep-in-the-money CALL option.
Target 1: $5.60 <<<<< this is a double-your-money target, but each of these targets are realistic. Don't get greedy!
Target 2: $8.00
Target 3: $9.80
Target 4: $11.80
IVR bounced up to the second retracement level with a vengence. It pulled back from there after round 2 of panic selling, but now appears to have bottomed out halfway below the first retracement level. I say this because the daily MACD signal line appears to now have a bullish trajectory. So with higher lows, huge upside potential, buyer momentum, a still somewhat oversold (Stoch) levels, I have entered into a 3month deep-in-the-money CALL option.
Target 1: $5.60 <<<<< this is a double-your-money target, but each of these targets are realistic. Don't get greedy!
Target 2: $8.00
Target 3: $9.80
Target 4: $11.80
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.