IPI post-breakout entry opportunity Long

Intrepid Potash, IncNYSE

Description

⋅ Jun 7, 2020 6:40 PM

IPI has turned the $1.15-$1.20 area to support, bolstered by a 20 EMA/50 EMA cross at the same level. I would be a buyer of any move off the rising 20 EMA. I have to expect higher prices as long as the stock remains above $1.20.

Comment

⋅ Jun 26, 2020 2:47 AM

Ugly chart here

Support and Resistance Moving Averages