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The_Patterns_Guy
Jan 6, 2018 8:43 PM

INDB could pop or drop BIG TIME 

Independent Bank Corp.NASDAQ

Description

This stock has began forming a H&S, however, it is part of a raising wedge on the daily chart. Further on the monthly chart it is forming a parabolic breakout. This stock is currently consolidating for a large breakout move in either direction. I would wait to see if it declines to $65.65, then enter or rises above $65.70. This is a stock to watch!
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