IO - Reading the Charts in Ion Geophysical IO to Generate Trading Plans
When we read the #charts for Ion Geophysical (NYSE: IO) we are able to reach a #conclusion that may not be otherwise discernable. We can see where buy signals exist, where sell signals exist, and where risk controls should be implemented. These are what create trading plans. The example here is for IO and it demonstrates this practice. This data is current, but it is not real time. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Strong | |||
| Weak | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 1.78 | |||
| P2 | |||
| 1.90 | |||
| 1.99 | |||
| 2.52 | |||
| P3 | |||
| 0 | |||
| 3.52 |
Longer Term Trading Plans for IO
May 25, 2021, 9:00 pm ET
Our Longer Term Plans for IO help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this IO Report.
IO - (Long) Support Plan
Buy over 1.78 target 2.52 stop loss @ 1.77
IO - (Short) Resistance Plan
Short under 2.52, target 1.78, stop loss @ 2.53