germac

Is it a Head & Shoulders?

NYSE:IPI   INTREPID POTASH INC
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If that break up wasn't there it looks like a good Head and Shoulders , so does the break nullify the pattern? There's certainly a temptation to buy in, potash prices are up, the company has slashed operating costs and it has valuable water rights in New Mexico, water which shale frackers will pay for. If there's to be a break upwards now looks like the time, with an earnings report tomorrow and the "maybe head and shoulders" now fully formed - Opinions please!!

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