Last move up to the top of a major channel. Plotting price action you can see a rising wedge forming which is a bearish pattern which makes sense to be bearishly rejected at the top of the up channel Daily chart.
Company: Interpublic Group of Companies Inc. Ticker: IPG Exchange: NYSE Sector: Communication Services Introduction: In today's technical analysis, we focus on Interpublic Group of Companies Inc. (IPG), a prominent player in the Communication Services sector, listed on the NYSE. The weekly chart is currently illustrating an interesting Inverted Head and...
IPG has broken out of a similar rounded pattern that was seen earlier in the price evolutions history (~1970's) Post break out price led a strong bull run If this repeats we are in for a nice bull run in the next years for IPG, indicated by the rocket emoji
Marketing company. No comment follow the chart CHART LEGEND: white dashed lines = bull/bear takeovers blue lines = call targets yellow lines = put targets red line = danger zone orange lines = trend lines green lines = safe zone any other lines add will be discussed with the ticker NYSE:IPG
Quick mid-week analysis for $IPG. We can add this stock into our swing trading portfolio. Fundamental Analysis: IPG announced earnings per share of $0.86 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $0.8031 on revenue of $2.28B. As the revenue was in line the price of shares dropped by 10% on earnings day. However; recently IPG ...
Possible short opportunity... Not trading advice just technical analysis