IPGP trade ideas
IPGPMID-TERM: Bullish Bat and Bullish Crab PCZ at a historical iceline, with hidden bullish divergence on daily RSI. (not financial advice)
$IPGP IPG Photonics a STRONG LONG with Immense UpsideNote the ascending trade channel $IPGP is adhering to. It has all the makings of a very nice swing, potential upside over 240-250/share.
Some exit-points can be delineated after further confirmation signals, but avg Cost right now is 203.43, with a post-market movement to 207.01. That is a start, and a good one, to this new LONG on IPG Photonics. As for a tip on the position, it was plucked as a top performer in the $ROBO ETF. Thus far, it is excelling on an overall rougher day for the market.
Best of luck, with this idea, or not, and such...
-BDR
Top Small Mid Cap Tech Stocks in Nasdaq Stock Market: @unclebfmFound some real gems. These babies look fantastic. A few are ready to go right now. Thanks's to the Trade war with China, that's only getting worse, these corporations look ready to pounce on massive market share
Long Idea19/Aug/2019 10:31 AM
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Decent RR idea. Note that currency conversion and trade war hurt them.
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Hidden SupportWe are stopping the fall at: 1. The opening price of December 6th, 2018,
2. The high of January 18th and 30th,
3. The opening prices of January 29th and 31st.
All together they are ar support zone which is existing since the beginning of October 2018 already. Between 4th and 6th December it has been confirmed with a window. Here we are now.
The zone has been crossed to both sides and may have finally exceeded on February 1st. So the current fall may be seen as a backtest of this zone.
It is not a classic support, bot the fluctuation around this level for more than half a year makes it important. Market has been in balance here. That's why I expect this level to hold and the price to rise again.
Not Yet DoneWe have seen an erratic up and down this morning. But finally we endet in a decline. It seems not to be finished yet.
IPGP breaking through resistance After a solid earnings IPGP broke through resistance with decent volume. Today it seems having a little retrace. Perfect time to load up on a long position. If there is a heavy drop in price I will exist, but I think this is going back up. Target 165.
IPGP Currently at Bottom of BoxWill it break down or bounce back? Will wait for a swift signal
$IPGP
IPG Photonics shows entry timing by DPO vs historical growth48% down from earlier 2018 high. Detrended Price Oscillator shows entry crossing zero on 1 day chart near $138 and down from earlier high of $260.
www.tradingview.com(DPO) Read more here on DPO on Tradingview.com/wiki.
Volume: 494K shares traded Friday and typical higher and near 800K shares.
this stock needs to pullback (1)i think a pullback is in order followed by a few years of consolidation
IPGP Bull FlagBull Flags... How I love the.....
"Let me count the ways. I love thee to the depth and breadth and height My soul can reach, when feeling out of sight For the ends of being and ideal grace. I love thee to the level of every day's Most quiet need, by sun and candle-light. I love thee freely, as men strive for right."
Elizabeth Barretts words ring true today. I do love bull flags. I love their depth (when above the 50% retrenchment). I love the breadth (when nice and tight). I do love the feeling when they shoot up out of site. I love thee to the level of profit taking, by charts and by candles. I love thee freely, as a trader strives to be right.
IPGP has completed a nice bull flag. I expect it to complete via the measure role. If not, no worries, set your stop at the top of the pull flag poll. Otherwise stay with the trend and ride it up.
IPGP LONG-awesome SetupBeautiful setup, next monday will show if the long train starts, if it breaks and reach 122USD+ with nice Volume-This will get my money!
IPGP gaps up on higher volumeIPGP is a possible near-term buy opportunity. It is not trending well so is not a longer-term trade right now.
Yesterday's gap up offers a near-term buy due to the increase in volume on both this and the previous bar. Friday's bar (6th February) was actually more bullish and broke out above the strong resistance (at $78.59) and above the round number ($80). Yesterday's bar gapped up (showing strength to the upside) but was not bullish (a possible indecision or reversal candle). A retest and/or gap fill may transpire.
However, there is no further resistance ahead - although earnings are due on 20th February. Even for a short term trade this may be cutting it fine (to make a profit) but is not unreasonable.
IPGP Day Trade (Brad Reed Dec26,2014)IPGP expected to open at 78.80 clearing recent pivot points making this a Retest Gap. Watch out for low volume today which can lead to getting filled at a different price than you wanted. To learn to trade Retest Gaps for free, go to www.RealLifeTrading.com
