Long
IPCI Bullish bounce off strong trendline
It appears that IPCI is starting a nice reversal bounce off strong trendline. The small channel I have created in purple is based on previous price action. There is talk in news of potential partnership....of course, if that happens there will likely be a strong volume/price move potentially through resistance. It goes without saying, but there are no guarantees here, but there are some good TA reasons to be bullish.
Note
Welp...it didn't go as I thought it might. It dropped out of trendline and depending on news we may have a ride south for a bit. I see strongest supports at 2.65 and 2.45.Note
Back in action...doing as it "should."
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.