$IPGP IPG Photonics a STRONG LONG with Immense Upside
Note the ascending trade channel $IPGP is adhering to. It has all the makings of a very nice swing, potential upside over 240-250/share.
Some exit-points can be delineated after further confirmation signals, but avg Cost right now is 203.43, with a post-market movement to 207.01. That is a start, and a good one, to this new LONG on IPG Photonics. As for a tip on the position, it was plucked as a top performer in the $ROBO ETF. Thus far, it is excelling on an overall rougher day for the market.
Best of luck, with this idea, or not, and such...
-BDR
Some exit-points can be delineated after further confirmation signals, but avg Cost right now is 203.43, with a post-market movement to 207.01. That is a start, and a good one, to this new LONG on IPG Photonics. As for a tip on the position, it was plucked as a top performer in the $ROBO ETF. Thus far, it is excelling on an overall rougher day for the market.
Best of luck, with this idea, or not, and such...
-BDR
Komen:
Of my most recent research, this is the best of the 4 robotics companies. It has given enough confirmation that a LONG to 250+ is a trusted call here. Not advice, just ideas, etc.