IPGP Trade Idea Follow Up (short)

 Monday's long wick candle looks to be a resistance zone in IPGP, ultimately, that's the area I'd like to be starting or adding to a short position.

 It looks like IPGP has found some weak support, but probably enough to get it to move. The red arrow is a break through the top pattern's neckline.

 There's a positive divergence that should get IPGP a bit closer to the Trend Channel stop, reducing the risk on the position.

The white area is the approximate target zone for a bounce. If you like, you can email me any time to get an update on the charts, especially if you like the trade and it reaches the target zone.