short position on INPPMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
INPP trade ideas
Long #INPPLong position on #INPP. Stock showing a bit of volatility in recent weeks but still in an uptrend. Good dividend yield, around 4.5%.
INPP - International Public Partnerships - LongInitiated long position on INPP at 154p. Strong support level, high volume from buy zone as marked on chart.
RSI 2 oversold.
Positive divergence on STOCH.
Price has made lower lows from August 2016, however, strong fundamentals, low PE ratio, increasing profit margin over last TTM.
Target 165p.
