Improving fundamentals! 🧑📚📊📐Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 30.02 ✨ It means if you risk here 100$ you may make 3002$ Not bad, huh?Longby unfair_advantage3
$ITP Next Target PT .59 and higherIT Tech Packaging, Inc. produces and distributes paper products in the People's Republic of China. The company offers corrugating medium papers companies making corrugating cardboards; and offset printing papers to printing companies. It also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Dongfang Paper brand. In addition, the company produces and sells non-medical single-use face masks. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc. in August 2018. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the People's' Republic of China.Longby BADQOMOCAWGOWLD2
$ITP Long Idea Earnings Beat$ITP had a huge earnings beat. Earnings are great catalyst for a stock to rally especially after being beat down for a while. I'm long and will stop out with a close below the low of.33Longby SC_TraderUpdated 440
New biofuel heating seems interestingThey seem to already have permission and be building the first. If true then this seems pretty undervalued. www.prnewswire.comLongby Borrai2
ITP SwingI like the most recent candle's test of both the 200 SMA and the 1 fibonacci level. Also the RSI is curling up. It's also well bellow the 6 month POC line which is .80 cents. I think this price offers a low risk entry. First target .80, second target .99 centsLongby Master_of_Fine_Charts2
Bought 1,000 ITP @$0.7730 Target $3.30 Date Jan 3, 2022 IT Tech Packaging Inc. .. Bought 1,000 ITP @$0.7730 Target $3.30 Date Jan 3, 2022 (Short Term) Buy limit 1,000 ITP @$0.5500 Target $10.00 Date Aug 1, 2023 (Long Term) IT Tech Packaging Inc . is a leading paper manufacturer in North China. Using recycled paper as its primary raw material, the company produces and distributes Company website: www.itpackaging.cn ITP Stock Update Review #1 youtu.be ITP Stock Update Review #2 youtu.be Finviz Chart Analysis: finviz.comLongby SUPERGENERAL610112
Buying Zone - Load the boat!I told myself no more Chinese stock and now look at me. You gotta be crazy to pass up these prices. Easy flip. PT: $2.5.Longby DarthTrador221
Bought 1,000 ITP @$0.7730 Target $10.00 Date Aug 1, 2023IT Tech Packaging Inc... Bought 1,000 ITP @$0.7730 Target $10.00 Date Aug 1, 2023 IT Tech Packaging Inc. is a leading paper manufacturer in North China. Using recycled paper as its primary raw material, the company produces and distributes Company website: www.itpackaging.cn IT Tech Packaging, Inc ITP Q4 2019 Results: youtu.beLongby SUPERGENERAL610Updated 1
ITP: Bullish Pennant, awaiting confirmationBullish Pennant, awaiting confirmation Pros: Descending volume during formation Volume at break out Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 250RSI above 50 Cons: 200MA flat Target: PT = 1.89$ Thank you to those who donate Coins! Stay Humble, have fun, make money! Longby LeLaf334
ITP has three year resistance in sightThis is the weekly view of ITP. With a float of less than 25 million shares, and around 25% of them short, this chart looks primed for a short squeeze. Today, volume was about 5x the recent average, and was close to double the overall float. Based on the weekly chart, the next level of significant resistance is around $1.50/share. The stock closed at the highs of the day, and after hours it's up even further. If ITP can continue through $1.50 tomorrow, the next area of major resistance is around $2.00, suggesting a potential 30-40% upside from here.Longby InvestWithThomas1
$ITP, worth the gamble if it pushes to $0.90This one is a bit of a gamble but it has a lot of bullish pressure, it's broke the upper bollinger band twice. It could push above $0.90. With a short stop loss there isn't much to lose and a lot to gain. going LONGLongby ai-bots-trade0
+75% opportunity Potential gain: +75% Reward/Risk:2.5 Timeframe :1-4wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Don't forget to like, comment, and Follow to encourage me to continue this. You can even send TradingView coins to motivate me publish more ideas..! Longby Moshkelgosha4413
Swing entry (CAREFULL!!!)HIgh volatility wing entry, be very carefull. Low funds play Strong support, the risk ratio from a support perspective its great but the actual risk on the trade is very high Now if it breaks support, its a short, dont doubt it Just a thought...some merger talk....coming from partnership with siemens....early info.Longby eltraderche0
$ITP is gonna to fall today SHORTPupm&Dump trading strategy idea. $ITP is rising without clear preconditions today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $1,06; stop-loss — $1,32 . information about take-profit will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Shortby KozakHlibUpdated 220
ITP update , Forming downward wedge.Since I entered into this position, ITP has formed a downward wedge . I updated the key fundamentals on the chart and they are pretty much the same with some small minor changes , mostly positive changes. ITP is approaching to a key deciding factor as it has formed a very nice downward wedge , meaning it is likely to run soon if it can break the wedge up . Based on the updated technicals and updated fundamentals , I made the decision to cost average and buy some more in the hopes and expectations that there is a statistical probability this will break its downward wedge up. Stop loss stays at 0.4, which is slightly under the point of the wedge incase it breaks down. As a caution , if it does break down , it has no support and could fall quite considerably. I think that if it does run up I would hope for taking profit around 0.6. Good luck .Longby NAK19875
ITP , Good potential for upside with risk to consider .This seems like a pretty good risk/reward setup . ITP manufactures tissue in China but also recently took on a contract to make face masks amid the covid 19 demand . Most of the fundamentals look , quite frankly , amazing . Like , for example, the $7.53 book per share value and the fact that they have absolutely no debt. They have had some declining EPS results though , specifically in 2018 (reported -0.49) , as well as revenues year over year in slight decline . They will announce first quarter 2020 financial results on May 14th. The Ugly ... ITP recently announced,April 30th, that they have made a private placement deal. ITP has agreed to sell 4.4 million shares of the Company's common stock and issue unregistered warrants to purchase up to an additional 4.4 million shares of the Company's common stock in a concurrent private placement transaction. The warrants will be exercisable commencing six months after the date of issuance at an exercise price of $0.7425 . As a result of this news the stock then gapped 28.1% Other risks to consider ( stock price vs AMEX minimum ), Possible future surprise reverse stock split or de-listing ect ect ect . Ps : I did try to quickly look up AMEX minimum share price requirement and it seems like they have 4 different company classification requirements and the lowest requirement said 2$ min share price , which surprised me as many of you probably know NYSE requires a 1$ min share price . I find this odd as AMEX is supposed to be more favorable to smaller cap companies than NYSE and I assumed that the min share price listing requirement would be less . If anyone has a better understanding of this please feel free to comment as I have trouble believing AMEX min share price requirement is indeed 2$. Anyways , my guess is that this stock will run up on positive reports to come from the May 14th first quarter results and should, hopefully, head up to find some resistance . I am hopeful that we have found support around 0.50 and I have taken a small position, but, with very little risk to my portfolio and I will plan on holding only until it finds its . Bot 0.504 Stop 0.40 (heads up this is pretty low stop) Take profit , unknown at this time . Longby NAK19874
IT Tech Packaging Possible wedge Breakout Imminent IT Tech Packaging, Inc. is a holding company, which engages in the production and distribution of paper products. It operates through the following segments: Orient Paper HB and Orient Paper Shengde. The Orient Paper HB segment produces printing paper and corrugating medium paper. The Orient Paper Shengde segment produces digital photo paper. The company was founded by Liu Zhen Yong in 1996 and is headquartered in Baoding, China.Longby DEXWireNews14