IBSTOCK PLC ORD GBP0.01
Long
Updated

IBST falling wedge

176
hi traders

IBST has been in a downtrend and it has retested lows from 2016. It did a full reset.
Now it may be a time to get a trend reversal. If we get a breakout to the upside, long position can be taken.
Technical target: 243 $
Premium target: 309 -322 $

Looks bullish to me if we get a breakout and the follow-through.

Good luck
Trade active
breakout confirmed

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.