IPW - a penny energy stock LONG

27 thg 5

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 thg 5

Giao dịch đang hoạt động

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

30 thg 5

Ghi chú

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 thg 5

Ghi chú

31 thg 5

Ghi chú

No pullback yet. Patient and watching the move up.

5 thg 6

Giao dịch đang hoạt động

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

7 thg 6

Giao dịch đang hoạt động

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

8 thg 6

Giao dịch đang hoạt động

Price moving higher. Targeting 2.7 this time.