IPI was a successful Flag play & now seems forming another flag in weekly frame. It also running within a downward channel formation. Both pattern suggesting upward move. We think it can easily hit $3 area.
* Trade Criteria *
Date First Found- February 15, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $2.33
Exit Target Criteria- $2.97
Stop Loss Criteria- $2.07
Please check back for Trade updates. (Note: Trade update is little delayed here.)