IPI- Flag formation Long from $2.33 to $2.97

IPI was a successful Flag play & now seems forming another flag in weekly frame. It also running within a downward channel formation. Both pattern suggesting upward move. We think it can easily hit $3 area.

* Trade Criteria *
Date First Found- February 15, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $2.33
Exit Target Criteria- $2.97
Stop Loss Criteria- $2.07

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