Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.

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Ivanhoe Mines Ltd > April 2021 Presentation (New)

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Comment by Cobalton May 01, 2021 1:48pm

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Post# 33108711

RE:RE:RE:RE:RE:RE:RE:RE:RE:April 2021 Presentation (New)

Typically, if a stock falls 23.6% or 38.2% from its recent high, technical traders will view this as a buy signal. At 50%, those same traders will go into wait-and-see mode. If the 50% retracement holds, and the stock’s price rebounds, this is a buy signal. If not, then look out below!

Let’s see an example from some random stock:

Fibonacci retracement levels example chart
last 2 legs up 0.382 retrace and a 0.5 retrace. This leg 0.382 falls right at last leg top 8.10ish good resistance being an old high , 0.5 falls on 7.75 ish good resitance and was a top before last how things line up , 0.236 around around 8.50 if copper takes out all time highs we could hold that if not well