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)
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)
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