CFD Trading – Buy Invesco Limited (IVZ.NYS) @ $24.40. Stop @ $23.60 and Target @ $26.90.

Invesco Limited Stock Code IVZ.NYS


Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud.  MACD is bearish with both its lines below the zero line but MACD had a bullish crossover and is moving higher, which is a hint of a bullish price trend. If price is able to stay above the cloud, it could be heading towards the next resistance point at $26.89 in the next 2-3 weeks.


$24.40                Buy

$26.90                Price Target

$23.60                Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.