I've started to review some trading opportunities for our clients going into next week. One of the setups is IMP, where a small bull flag may be developing.
As you can see, I retained the old annotations in 'white', with the price having pretty much given followed our prior price path since mid-April. Also note the two areas we previously highlighted:
Red: Provisional resistance area, Green: Best probability for next accumulation (also where the 200-day is now situated).
If the bull flag is triggered, it could be a nice ~1-week play (?) into the resistance area.
I'm monitoring this one and a few others.
As you can see, I retained the old annotations in 'white', with the price having pretty much given followed our prior price path since mid-April. Also note the two areas we previously highlighted:
Red: Provisional resistance area, Green: Best probability for next accumulation (also where the 200-day is now situated).
If the bull flag is triggered, it could be a nice ~1-week play (?) into the resistance area.
I'm monitoring this one and a few others.
