IPC Corp Technical Analysis (AZA)

01 November 2017
Continuation Wedge (Bullish)

Intermediate-Term Bullish
Volume 2,000
Close Price 0.500
Target Price 0.570 - 0.590
Pattern Duration 26 days
Inbound Trend Duration 74 days

After a temporary interruption, the prior uptrend is set to continue.  A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.

IPC Corp 01.11.2017

Notes: Stock Technical Analysis is based on past pattern and probability, not a call for you to trade.  Do Your Own Due Diligent (DYODD).

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