Since mid-May,
IMP has been struggling to make lower-lows and found itself in a sideways consolidation period. With yesterday's upward move, it has broken out of the top of the consolidation zone. If the momentum continues, we could see a move up towards the 30000 resistance level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.