My current long term anchors on IVZ are the 10s to 40.5s.
IVZ has traded its 50% PB @ the 25s with an anticipated -23% trgt at the high 40s @ the 47 -48 cents.
When stocks / commodities blow past their -23% trgt usually they hit their -61.8% trgts. This characteristic is common on CL / GC.
AIMO DYOR
Trading What I See
IVZ - Chart, page-486
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