V can see trgts of 800 900 in long term view
its made DOUBLE BOTTOM in monthly chart
wit sl 625
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i would probably like to go long in the counter and still feel that a some sort of strength still left in the script ... keeping in mind that a tough tough resistance at range of 685 - 695 is diificult to break!
sl 637 - 640
tgt 685, 695, 734 +++
IPCALAB is nearing the resistance level 640 - 650. If it breaks the resistance with volume, the price may gain another 60 to 80 points in 6 months to one year. In that case this pattern is rounding bottom. If the price retraces and then breaks the resistance, the pattern will be cup and handle. Both cup&handle, rounding bottom are trend continuation patterns. Both ...