انا اى سهم ادش فيه بعنف اقول مو خسارة 3$ تقرير له شوفو التقرير انشالله انه يبشر بخير IPI of AMEX Trend Analysis LONG TERM: (See the attached 3-year weekly logarithmic chart) IPI fell down in a long-term downtrend (orange) in one and a half years from 1.62 to the 0.21-bottom support (gray). Total loss in stock price was 87.04%. However, below the 1.30-neckline IPI formed a wide meaningful double bottom (blue) and broke up the long-term downtrend (orange). Then the neckline was broken up and IPI rose in an up-trend (pink). The theoretical target of the double bottom was (1.30-0.21=1.09; 1.30+1.09=2.39) but this target was easily exceeded. IPI peaked at 3.65 (red) and then falling in a channel (green) started. The channel was later broken down and the first support-test of the 1.30-neckline was a failure. We can speak about two opposite scenarios. The bearish scenario is that the current falling will continue. There is not a significant support above the 0.21-bottom support. The bullish scenario is that with the recent upturn, IPI will succeed to above the 1.30-neckline, enter back into the channel (green) and further break up the channel and the 3.65 resistance (red). So the critical issue is whether the 1.30-neckline will be confirmed as a strong resistance or a strong support! The highlighted heavy volume may mean distribution (dumping of shares) or may mean accumulation (buyers have come). Nothing is clear yet, but due to the fact that the falling channel (green) with a bear trap is a bullish pattern, it is more likely that the bullish scenario will prevail. After all, IPI has already been corrected 77%. SHORT TERM: (See the attached 6-month daily logarithmic chart) The bullish falling wedge (orange) is broken up with supporting heavy volume. Now we have to see whether IPI will succeed to break up the 1.30-neckline (blue), thus confirm it as a support, or not. For the meantime the short-term outlook is bullish. Americanbulls.com posted a timely BUY signal 6 days ago. If you are holding this stock we advise you to keep it unless a SELL signal is posted. If you do not have this stock and are interested in it, we advise you to add this stock in your portfolio as soon as the 1.30-neckline resistance is broken up.