International Paper, Good Technicals, Good Fundamentals, A Gem.International Paper has a new CEO and potential take over in the works.
"Andrew Silvernail has been named the next CEO of International Paper. Silvernail has two decades of experience leading manufacturing and technology sectors of global companies and previously served as CEO of Chicago-based Madison Industries." (Recycling Today News)
DS Smith in Takeover Talks With International Paper (Wall Street Journal)
I bought a bit in around $36 and I have my first target around $53 and 2nd target $59.
Not financial advice, DYOR.
IP
International Paper's CEO Change Sparks Investor ExcitementAndrew Silvernail's Appointment Triggers Bullish Surge in International Paper Stock
In a sudden and dramatic turn of events, International Paper ( NYSE:IP ) announced the appointment of Andrew Silvernail as its new Chief Executive Officer, sparking a wave of enthusiasm among investors. The stock surged by over 10% following the news, reaching its highest level in more than a year.
The decision by IP's board to replace Mark Sutton, who has helmed the company since 2014, with Silvernail comes as a surprise to many in the industry. Sutton, who will continue to serve as chairman of the board, expressed confidence in the succession process, emphasizing the importance of ensuring a smooth transition.
Silvernail brings a wealth of experience to the table, having previously served as an executive advisor at investment powerhouse KKR. Prior to that, he held CEO positions at Madison Industries and IDEX Corporation, demonstrating a strong track record of leadership and strategic vision.
Investors have greeted Silvernail's appointment with optimism, viewing it as a signal of positive change and renewed growth prospects for International Paper. Silvernail himself expressed confidence in the company's future trajectory, highlighting its strong position in the market and potential for expansion.
The market's bullish reaction to the leadership shake-up reflects growing anticipation of what lies ahead for International Paper under Silvernail's stewardship. With his proven leadership skills and strategic acumen, Silvernail is poised to lead the company into a new era of success.
Analysts are closely watching developments at International Paper, eager to see how Silvernail's vision and leadership style will shape the company's future direction. As the stock continues to soar, investors are betting on a bright future for one of the leading players in the packaging and pulp industry.
IP - Resistance to Support ShiftPrice has aligned with a strong uptrend
A horizontal line can be drawn which shows price prior being a point of resistance, but now price has evolved far enough that this same horizontal line is now a support line
It is also right on the strong uptrend
Long on this Weekly chart
IP | Falling Wedge Reversal| MFI Divergence | Elliott 4th Wave?IP | Thailand SET Market | Price Action Trading | Elliott Wave Tracing
Chart Pattern: entering Falling Wedge Reversal Pattern
Price Action: Downtrend area of consolidation
Entry Position: Buy on BREAKOUT of FALLING WEDGE
Indicator:
> MFI - Money Flow Divergence - Banker accumulation phase
> RSI - Sideway up below 50
> MACD - Golden cross below baseline 0
Trust SYSTEM & INDICATOR | Never panic trade
Trade affordable RISK | Ratio 3:1
Always respect STOP-LOSS
Good Luck
IP: Breakout of the long-term resistance level.A breakdown of the long-term resistance level may lead to an increase in the area of 88. Good dividends, buyback of shares. A return to the 57.35 level would be a good buying opportunity. But there is no guarantee that a retest of this level will occur.
IP DAily/hrly/15 exciting demand zone 33.95-33.3IP DAily/hrly/15 exciting demand zone 33.95-33.3
Pro:
1. 3 exciting candles in lower time (60min)
2. 2 exciting candle in location (daily candle)
3. origin of Daily candle up move
con:
1. no location zone basing candle(daily)
2. price is drastically coming down
IP International Paper Long Opportunity Bought the Oct 37.5 Calls for a long bias entry. I trade options the same way i day trade except different time frames. Two charts, I trade the smaller in the direction of the higher trend only. Among that there are other rules that filter into the option itself, but the technical approach stays the same. This is just my trade idea with my own money and not financial advice.
Good luck!
IP approaching resistance, potential drop! IP is approaching our first resistance at 49.59 (horiozntal overlap resistance, 38.2%, 50% fibonacci retracement) where a strong drop might occur below this level to our first support at 37.78 (horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we might be seeing a corresponding drop in price.
International Paper Company (IP) Buy levelI think with the long awaited war against plastic this company has great potential to grow.
The company depends heavily on raw materials such as wood fiber, purchased in the form of pulpwood, wood chips and old corrugated containers (OCC), and certain chemicals, including caustic soda and starch, and energy sources, principally natural gas, coal and fuel oil. Elevated input costs are likely to limit margins in the near term. Further, distribution costs have been on the rise of late due to very tight truck and rail availability, and higher diesel fuel costs. This is likely to affect margins in the near term. Moreover, the company is set to incur elevated operational costs in the Printing Papers, primarily because of unfavorable foreign currency translation.
IP Approaching Resistance, Potential Drop! IP is approaching our first resistance at 49.59 (horizontal pullback resistance, 50%, 38.2% fiboancci retracement) where a strong drop might occur below this level pushing price to our major support at 37.78 (horizontal swing low support).
Stochastic 21,5,3) is also approaching resistance where we might see a corresponding drop in price.
USDJPY/ GBPJPY: BUY $YEN IF DATA MISSES; SELL £YEN IF DATA HITSThe Risky BOJ front run trade using CPI inferences
- I find it very interesting that the BOJ is releasing ALL of its key economic data (minus GDP) before making the easing decision, especially as we have already had CPI data this month so we will have an 2 CPI releases in one month which ive never seen happen before (CPI from JPY is usually due next week).
- This to me indicates strongly that 1) All of the data released e.g. CPI, employment, retail sales, industrial production has some weighting on the BOJ decision and 2) that CPI especially has perhaps the strongest weighting on the BOJ decision as they are releasing 2 CPI prints in one month which means they brought forward the measurement by a week - this means they value the CPI print strongly.
- Therefore, knowing this, in an ideal world either 1) ALL of the data will contract, which puts more pressure on a big BOJ easing package or 2) ALL of the data improves which eases the the pressure on the BOJ package - thus from here we are then able to take risk with an "educated" guess of what the policy will tend to be i.e. big or smaller.
Long USDJPY if CPI less than -0.4% and generally weak/ miss other data:
1. The rationale is that a lower than expected and last print shows the JPY economy is decelerating even more aggressively than in previous months and therefore the BOJ will me MORE inclinded to ease heavier, as the data suggests there is a bigger problem.
- Obviously the data/ CPI print imo acts as a function of BOJ easing, if we get massive misses across the slew of data then we should expect a bigger easing package than if there is only a slight miss - therefore we should treat our trades the same way.
2. Long USDJPY by xlots depending on the serverity of the data miss e.g. if CPI was -1.0% and unemployment ticked up to 3.4% i would do 3lots long usdjpy. If it was -0.5% and 3.3% i would do 1lot for example.
Short GBPJPY if CPI is greater than -0.4% and other data generally hits/ is positive
1. The rationale is the opposite of the above - we assume if data improves that the BOJ will be less inclined to do a big easing package so we expect yen to remain strong so we go long yen and short GBP.
- Once again the lot size is a function of the serverity of the data e.g. if CPI turned positive to 0.1% and unemployment dropped to 3% we would short 3lots. vs only 1lot if CPI ticked up only 10bps from last and unemployment ticked down only 10bps.
Risks to the view:
1. The First risk is that data in general is considered to have "underlying trends" so the fact one print is outstandingly bad/ good might NOT impact policy e.g. thin about US NFP that was less than 100k and shocked markets - but it was a one off so didnt make the FOMC cut rates back.
3. Data underlying trends thus can reduce the weighting this data is given e.g. even if CPI improved to 0.1% from -0.4%, the BOJ could argue this is a one off print as the underlying trend for the past 6m+ has been negative inflation thus they will go ahead with a big easing package.
- HOWEVER , the above point "3" in mind i believe data to the downside will be given a greater weighting than data to the upside, so we should have a short yen bias as weak data has been the underlying trend for most data points (especially CPI).
-Further, i also think tail-end/ RHS/ LHS results will be given a proportionately larger weighting in their decision so this should also be reflected in our trading e.g. if CPI was -2% from -0.4% i would be a much much more aggressive buyer of UJ than if a -0.5% print from -0.4% is seen. The same can be said to the topside, if i saw +1.5% inflation from -0.4% last i would be a much greater seller of GBPJPY than if i saw -0.3% CPI from -0.4%.