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Interpublic (IPG) Flag Breakout

Interpublic (IPG) Flag Breakout

by | Sep 16, 2021 | Chart SetUps

Interpublic (IPG) hitting a new scan today looking at monthly VPOC tests and overall strong chart setting up with a potential multi-week breakout above $37.85. Shares gapped higher on earnings in July and held both tests of VWAP from that day in the weeks since, bulls maintaining control. A move higher has room to $41. IPG a strong longer-term chart since September. IPG still has 4000 October $36 calls in open interest from buyers on 8/9.