IVR investigator resources ltd

Phantom, I did a charting cause a while back. One of the best...

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    Phantom, I did a charting cause a while back. One of the best things I ever did and useful but only really with top 200 hundred stocks on the ASX, not with junior mining companies, unless it is a quality junior mining company with quality management and the commodity they specialise in is in a long term bull market creating higher highs and higher lows. The most important thing I learnt was that fundamental analysis, top down or bottom up tells you what stocks and markets to buy and sell, charting tells you when to buy and sell. If there is no trend then you tend to be in accumulation and or distribution phases. I believe we have been in accumulation phase since 2020 so charting has not been useful. The question you need to ask yourself is whether IVR a quality company, does it have good management and are we just about to embark on a long term bull market in silver. If the answer is yes to each of those then charting may be useful down the track for IVR as it will give you an indication of when to sell when silver finnishes it's run. I have mentioned in the past I made a fortune in the 2003 - 2012 bull market in precious metals selling at the very top of the market. I used my technical training to sell, my broker even said I sold right at the right time. A day after I sold I posted on the hot copper silver thread when silver was $48 warning people that the market was was exhausted and about to go down. Someone quoted my post and said those famous words, 'this time it is different mate'. The individual believed that JP Morgan had rigged the silver market and the shorts would need to cover and silver was going to $200. Well, that person was wrong as that's when we began the 9 year bear market in silver to 2020 when it bottomed during Covid. I used my stupidity (not my technical analysis) to buy back into the precious metal markets a couple of months later in 2012 and as I have stated lost everything I gained and then some. I have been accumulating ever since as one thing I am certain about Silver will have it;s day. Have we entered a long term bull market in Silver, perhaps so given the ESG movement and the demand for commodities this is creating. Is IVR a quality company and does it have good management, well I think the management has improved however I would of certainly liked more ounces in the recent resource announcement plus a further discovery at say apollo. Are we moving in the right direction in terms of acquisitions/deals. The Moly/Tungston deal looked OK to me. Time will tell and hopefully we move out of accumulation phase and into a growth phase where technical analysis becomes far more useful. I hope this helps. Disclaimer I think Silver is moving a lot higher than $50 this time, how high I will let my charting decide and once it has decided I won't be buying back in. I will be looking for other opportunities.
 
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(20min delay)
Last
2.9¢
Change
-0.002(6.45%)
Mkt cap ! $46.09M
Open High Low Value Volume
3.1¢ 3.3¢ 2.9¢ $315.8K 10.62M

Buyers (Bids)

No. Vol. Price($)
1 219438 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 7000000 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
IVR (ASX) Chart
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