Long
$IPHS inverse H&S on the weekly chart #stock #trading
IIPHS has formed an inverse H&S pattern on the weekly chart
Yesterday stock closed over the neckline standing at 34.76
MACD and RSI both supportive
Look to participate if : 1) neckline is retested and HOLDS or/and 2) stock takes out the 35.78 YtD high
Measured target is around 45.67
Yesterday stock closed over the neckline standing at 34.76
MACD and RSI both supportive
Look to participate if : 1) neckline is retested and HOLDS or/and 2) stock takes out the 35.78 YtD high
Measured target is around 45.67
Order cancelled
Company agreed to sell itself and be taken private @ 32.00 USD so it goes out of our watchlistfinance.yahoo.com/news/innophos-enters-definitive-agreement-acquired-113000088.html?.tsrc=rss
Moving on to the next ideas
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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.