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
The PEAD projected a Bullish outlook for $IPG after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
An example of a fractal pattern can be expected with RSI-price divergence. Follow the RSI for a breakout on the falling chart.
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
Market structure: Uptrend, price might retest previous resistance turn support, price respecting 50MA Setup: False Break/ Retest previous resistance turn support False Break candlestick pattern: Hammer / Bullish engulfing To look for trading opportunities when price retest previous resistance turn support at around 34.30 area. Stop loss: 1 ATR stop loss taking...
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
Bullish Shark with a small amount of bullish divergence. I am waiting on price to react to the reversal zone, create a little more bullish divergence, and then I will go long.
Here is what I believe is happening. IPG is in a cup and handle pattern, under going the handle at the moment. 1. its currently short term over sold 2. handle formation has retraced 30% of the cup (so far) 3. price appears to take support on previous upper trend resistance (valid if price does not break through and close below). 4. above average volume 5....
IPG, Set buy limit order with other cancels other for target/stop. If you noticed I drew my red line where the green bar was at and within the time it took to create this idea it already dropped into my blue buy order. I will leave it as such since it looks like there is strong demand for shorts. still learning. Buy Order: 24.25 Target: 22.50+ Stop: 25.25 Time...
Opportunitty to buy this retrace and get a LONG position. I get LONG at 23,20
The long and short term trends are both positive. This is looking good! IPG has an average volume of 4485680. This is a good sign as it is always nice to have a liquid stock.
If you wanna bet that companies will be tightening up and reducing their advertising and marketing then short IPG