Happy New Year
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
IPO setting with contracting price volatility for a breakout above the existing trend. Tighter price action and low volume in the apex of the ascending triangle, and a subsequent strong breakout and close above the upper trend line would confirm the move higher. Initial targets 130-150p.
IP Group (IPO) - Correction towards the support levels & zone
Price is retreating towards the support levels and zone, enter long at support zone, and take profit at Resist zones above.
