IPB Chart thread, page-1587

IPBs chart is straight out of the charting textbook.

started trending down in nov 2020. 2 years later in the same month broke it to start trending sideways, found support and confirmed it numerous times before big volume came in and started an uptrend.

havent been above the 50 day EMA for years until late 2023 and we are just cruising along now all crossed over in the correct fashion.

there is a massive move building here. massive. the bigger the time frame the bigger the move it makes. the secondary components are lined up for a break out to the upside to ie oil price, spec stock sector. everything is adding to the story nicely.

the management iron out is the only thing holding us back now and the wheels seem to be in motion there.

i reckon still a few more weeks yet but as always. anything's possible. id be very surprised if a setup like this fell over. it ticks too many good boxes.

this is trading though so who knows but gees it looks the business