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
See chart for details and one example how to trade this bearish butterfly. Remember there is positive earnigs news driving this so wait for reversal signs or no entry