TradingView
Bixley
Jun 21, 2022 10:48 AM

IP - Resistance to Support Shift 

International Paper CompanyNYSE

Description

Price 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
More