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Juliac
Feb 28, 2022 7:56 AM

IPI - breakup imminent? Long

Intrepid Potash, IncNYSE

Description

After consolidating for the past 4 months, it is look closer to the breakup soon, hopefully with solid volme to carry it towards 68-70 eventually. Whether it can reach there remains to be seen. Scale out along the way and manage the rest of the position with trailing stops

Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
Comments
Thinus5422
This was a great analysis.
rp227
to da moon ! well done
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