[isatrader]

Hi Isa,
Can I get your take on IPA.V. it looks really good near time highs 2.66 on huge volume last few weeks. Extended from 10 ma weekly but often I see stocks extended from 10 ma on weekly that have no resistance above and  in time go much higher.
Thanks for your insight.

Best,
Ian

September 8th was the previous entry day with a breakout from a cup with handle pattern on strong relative volume, and relative strength near to the highs. You have to find these earlier before the breakout, so that you can get in on the breakout day. Otherwise you need to wait for the next base to form, as is already 40-60% above the previous entry point. As you should never buy when extended.