IPL – Rallies From $3.25 Support

The post below is from the 15th of December and a check of the charts will show IPL now trading at $3.55. After buying IPL at $3.30, we feel today’s price level is an opportunity to take profit or sell covered call options.

IPL is under Algo Engine buy conditions and we see value emerging in the sub $3.50 price range.

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IPL chart is from the 15th December.

IPL chart above is from today.

 

 

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