International Paper has a new CEO and potential take over in the works.
"Andrew Silvernail has been named the next CEO of International Paper. Silvernail has two decades of experience leading manufacturing and technology sectors of global companies and previously served as CEO of Chicago-based Madison Industries." (Recycling Today News)
DS Smith in Takeover...
Andrew Silvernail's Appointment Triggers Bullish Surge in International Paper Stock
In a sudden and dramatic turn of events, International Paper ( NYSE:IP ) announced the appointment of Andrew Silvernail as its new Chief Executive Officer, sparking a wave of enthusiasm among investors. The stock surged by over 10% following the news, reaching its highest level in...
Bullish Shark Harmonic pattern.
3 rising valleys
HBD on the RSI.
Above resistance, look to flip it into support.
Stop = if it falls under previous local low.
Target = Top of pattern/resistance.
On the weekly timeframe, IP has been exhibiting an upward trend while encountering resistance on its descent. Presently, the trend appears bullish following the formation of a higher low in price.
The critical breakout level for initiating long positions now lies at 38.2. Traders should closely monitor this level as a decisive breach could signal a strong bullish...
Bullish divergence on many indicators, like Macd-h, EFI, and even macd lines potentially.
Interesting tail wich shows price rejection.
There is also an ATR channel divergence on price, and even an ATR channel dirvergence on EFI.
R/R 1:3.1
Entry: 31.33
Strategy:
1/3 right now
2/3 waiting for daily to come back as it's overbought and looks like forming a...
Lots of weakness in many Material stocks.
Material stocks are leading indicators for aspects of our economy.
This pattern trendline breaks and it could signal a massive decline.
The PEAD projected a bullish outlook for $IP after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
The PEAD projected a Neutral outlook for $IP after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 83.33%.
Price has aligned with a strong uptrend
A horizontal line can be drawn which shows price prior being a point of resistance, but now price has evolved far enough that this same horizontal line is now a support line
It is also right on the strong uptrend
Long on this Weekly chart
The PEAD projected a Neutral outlook for $IP after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 81.82%.
Yes looks like a bullish HNS here. The point of invalidation for me is that 45.30 zone and Il put my SL just below that with target being 60. Entry is buy stop (49) slightly above Friday's high and has R= 2.39.
Market just finished 1-5 Elliot wave and ABC correction and we believe it's a finished ABC correction because we have a strong demand zone and we bounced of a 61.8 fib zone which is reversal zone.
Entry: 43
Target: 50.67
Invalidation: 40
Appears to be inverse H&S forming on weekly, end of decade PT 90$. Confirmed by near term double top imo, the earlier pattern bottoms the better split and dividend increases possible more so split. Value
A breakdown of the long-term resistance level may lead to an increase in the area of 88. Good dividends, buyback of shares. A return to the 57.35 level would be a good buying opportunity. But there is no guarantee that a retest of this level will occur.
Potential 2Down 2Up Weekly Reversal For IP : Per the Strat, this week I'm watching ticker IP (International Paper Co) for a weekly entry trigger at 57.70 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 59.13 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out...
