IPCALAB

Jul 3, 2023

• Prices have bounced from near the 61.8% FR level (650).
  
• Monthly RSI has also bounced from its Oversold zone.
  
• In the past, major bear phases have formed lows around the 61.8% FR level.
  
• If price is to follow past behavior, the bear phase could be over.
  
• There is a possibility of stock taking quite some time to clear its resistance around 900.
  
• Bullish view remains intact as long as price stays above 650.
  

Jul 31, 2023

Note

Stock price is now testing its resistance around 900, from where it could see some selling/consolidation.

Sep 30

Note

🟢 IPCALAB 747-->1498 (+100% from post) has cleared its previous all time high, suggesting continuation of on-going up-move!