IPB
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16.7% 0.5¢ ipb petroleum limited

20c short term, page-289

  1. c_westinvest
    110 Posts.
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    11/09/18
    10:08
    Post #: 35514050
    Thanks for the reply mate!

    Glad to see that yesterday finished in the green for all holders.

    I had another crack at charting, as you can see below:
    CaptureIPB.PNG

    To me it looks like it broke through the downtrend resistance and new support was created at 6.6c with resistance created from previous levels of 7.2c. If it can break through this level then I think there could be a strong uptrend.

    Not sure how accurate my trendlines are - would appreciate any criticism or comments

    Interested to see how today goes!

    All IMO.
    IPB Price at posting: 6.9¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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