One More. This one is also an Agriculture/Potash pic. I almost NEVER trade penny stocks but this one looks low risk and VERY high reward. Bouncing off longterm support with rising MACD, and MACD Hiistogram. Upside price target ~$3.50
I have to say the Nvidia (NVDA) chart closely resembles many from this time 17 years ago. Double top test and rejection on Friday.
IPI financials are terrible and getting worse, not better. Along with the price of Potash itself. No there there funnymentally.
IPI is a purely TA trade. NO fundamentals evaluated. Given its volatility the trade size is also small. We will see what happens. But I like this chart and sector.
Everyone likes to post 20/20 hindsight trading charts with their so-called correct indicators and calls drawn in near perfectly. I doubt most, if not all, here are basically just scratch in the end. (if not in the red.) Trading is truly an art (and some science) ...to see, or sense, into the future with relatively close accuracy. in the long, overall run. But charts are just random pictures to me with no real, true meaning -- the bottom line score card is your Profit/Loss statement. and i'm sure alot of people are heavily guarding their's like Trump's tax returns.