INTL PAPER CO

SELL

Another bull flag with volume

looks like another inverse h&s that could also be buul flag high probebility of upside look at arrows for price action very nice idea by @juniortrader

A very stong resistance has been broken and the ADX/DMI is indicating a very stong uptrend has started.

Good potential of support

IP Bullish, wait for throw back

Updated notes on chart (see chart from two months ago)

Notes on chart.

My charts are setup initially to look for Wyckoff trend continuation patterns, such as re-accumulation and re-distribution, because in general it is better to trade "with" the trend rather than against it, but sometimes these patterns fail and lead to distribution, such as I think is the case for IP. Ultimately it is tough to differentiate between a congestion ...

IP has been trading along an uptrend line, from June 2012 to June 2013, reaching as high as $48.68. However from June 2013 to now, price has been consolidating sideways between $43 to $50, for about 15 months. This is essentially a very clear Rectangle chart pattern, which indicates a pause in the upward trend in , with an intention to resume the uptrend in ...

An underfollowed name, IP recently had a death cross a while back which made me fairly bearish, however since then IP has come roaring back, and the last 4 days has closed on gap fills with HUGE volume well above average vol, since this has filled a number of gaps, I believe this is well set up to reach new highs in the near term, an easy stop is at the volatility ...

Notes on chart

notes on chart.

Elephant Candle to the left signal major interest. Held above Fib 38.2 & EMA30. Bull Move Next Week. VOL+++