OTCPK:ICPVF - Post by User
Post by
Carlos66on Jul 14, 2017 8:57am
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Post# 26468325
re: double bottom test
re: double bottom test---looks like we are in the midst of a retest of the double bottom. Quite an early/quick test.
---the divy should help support in the short term & of course any good earnings report, but long term as was mentioned by a BNN guest analyst (whose name I forget) said that their petro chem plant (Williams purchase) in the making will help with the inability of the industry to 'get energy to tidewater'.
But all that being said I don't know if this double bottom will hold when we have 2 tests of the initial bottom in quick succession. Usually not a good sign. No appetite for investing in IPL et al right now it seems. Waiting for godot I guess.
carlos