A clean Diamond often precedes a big move. Validate your entry.
Indecision. Widening then narrowing range.
IP is showing interesting structural developments at $31.54. Price has moved to $31.54 (2.14%) amidst recent volatility. The primary technical feature is a Diamond formation. The trend indicator is reading 2.1/100, suggesting moderate momentum. A potential breakout level is identified at $29.26, targeting $20.46 with support near $33.66 (R:R 2.0).
What is your outlook on IP?