IPW - a penny energy stock LONG

27 maj

IPW on the 60 minute chart has went 3X since a big beat on earnings and revenue a couple of

weeks ago Price peaked at the 3.4 area in the post earnings move higher had has now faded to

1.9 in a healthy pullback and Fib retracement. The down trend from the pivot high on 5/17

ended with a bottom and a golden cross of moving averages on May 22nd. The all-time high for

was in the range of 8 back in 2022. I see IPW as having as much as 400% upside. I will take

a swing long trade and likely carry it to the next earnings in about 11 weeks. The entry stop loss

will be 1.7 to be raised as the trade progresses.

28 maj

Zlecenie aktywne

Nice move higher today so stop loss raised to a trailing 5%. Trade s now risk and stress free with low management effort.

30 maj

Uwaga

Price action with bullish momentum. I want to add to the position but will not until
I see a pullback. I may take 20% off on Thursday afternoon or Friday morning.
(unrealized profit is 20%)

30 maj

Uwaga

31 maj

Uwaga

No pullback yet. Patient and watching the move up.

5 cze

Zlecenie aktywne

25% of trade closed at 2.75. Holding 75% for a longer trade.

7 cze

Zlecenie aktywne

Another good move higher from the dip Holding for a higher target.

8 cze

Zlecenie aktywne

Price moving higher. Targeting 2.7 this time.