IPOE reaching bottom of trend channel, potential for bounce
Updated
More of a trend analysis rather than Elliott Wave, but just looking historical, IPOE seems to have a strong bullish move when approaching the bottom of the trend channel. Looking for maybe 1 dollar lower. Positive div on the MACD is also constructive.
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2021
Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you.
Copyright Rohan Karunaratne 2021
Note
I don't remember if I discussed this on a market review video, but I did take a position in this, just to be transparent about it.
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