IPCI Bullish bounce off strong trendline

3. Dez. 2016

It appears that IPCI is starting a nice reversal bounce off strong trendline. The small channel I have created in purple is based on previous price action. There is talk in news of potential partnership....of course, if that happens there will likely be a strong volume/price move potentially through resistance. It goes without saying, but there are no guarantees here, but there are some good TA reasons to be bullish.

7. Dez. 2016

Anmerkung

Welp...it didn't go as I thought it might. It dropped out of trendline and depending on news we may have a ride south for a bit. I see strongest supports at 2.65 and 2.45.

9. Dez. 2016

Anmerkung

Back in action...doing as it "should."