Momentum is building with this Rounding Bottom. See the live chart action.
Gradual reversal from bearish to bullish.
IVZ is showing interesting structural developments at $26.91. Price has moved to $26.91 (-0.26%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. The trend indicator is reading 19.3/100, suggesting moderate momentum. A potential breakout level is identified at $28.38, targeting $35.11 with support near $25.01 (R:R 2.0).
What is your outlook on IVZ?