Potash is a material stock that is currently sailing un North quite smoothly.
Left hand side graph shows a confirmed ascending triangle on the daily with a possible total gain of 77% for a price target of 67.05$.
Top right graph shows a confirmed cup'n handle on the weekly chart with a total gain of 82% for a price target of 68.60$.
Both graphs are showing similar price targets on different timeframes with different paterns. This increases confidence in achiving the target goal.
Finally, the industry sector chart (bottom right graph) has broken through the 550$ resistance (red line). This makes an even broader statement into a bullish trend for the materials industry, increasing even more the confidence level of IPI hitting the 67-68$ price target.
Stay humble, have fun, make money!
Left hand side graph shows a confirmed ascending triangle on the daily with a possible total gain of 77% for a price target of 67.05$.
Top right graph shows a confirmed cup'n handle on the weekly chart with a total gain of 82% for a price target of 68.60$.
Both graphs are showing similar price targets on different timeframes with different paterns. This increases confidence in achiving the target goal.
Finally, the industry sector chart (bottom right graph) has broken through the 550$ resistance (red line). This makes an even broader statement into a bullish trend for the materials industry, increasing even more the confidence level of IPI hitting the 67-68$ price target.
Stay humble, have fun, make money!