sell or hold

Dearth of data on IPI makes analysis difficult, but there are a few tools which might help. The 20 day Keltner channel's moving average is presently 61.45. The half-way point of the prior rally is (roughly) 60 [(low 44 + high 76)/2]. I wouldn't want to hold this issue should it's price ease below the low 60s (say, 59.99). Volume has been increasing on the reaction, which could be indicative of a trading bottom. However, a 2 box, 2.5% reversal, point and figure chart has made a bearish, high-pole reversal which gives a downside price objective of 51.34-50.08. (High 76.21/[1.025^(8*2) = 1.48] = 51.34 [/1.025] - 50.08.) You would be well-served to trade with trailing stops, either of the real or mental sort.

if you are still bullish on the industry I would hold on that this name

dont sell or hold.... buy

too overweighted..... it's true value maybe 30-40 and it may to much

we have seen a huge pullback in commodities in this last week+ as the grains get back to a more realistic long term valuation this would be a good name to get in on