STTCOMP IVZ TA LONG Invictus Energy Market Cap: around $42.2m Oil and gas exploration in Zimbabwe.
I'm tipping this one again because I think my TA tip has expired plus the recent market conditions have created another great buying opportunity. I should have tipped on Thursday night but was too tired. Friday was a great buying opportunity and I did buy on open on Friday. However, for anyone who missed that chance, I still think current levels are reasonable entries. IVZ bounced off the 50% retracement line (7.6c) on Friday (from its 7 Jan low to the peak on Feb 18). Its 38.2% retracement level of 8.2c is a pretty decent support/resistance line as well. Apart from the technicals, they still have significant news due which will be a major catalyst for future share price moves.
