IMPP- a volatile penny energy stock LONG

Mis à jour
IMPP stands to gain market cap if the barrel price of oil moves on the global markets under

the pressure of geopolitics in the Middle East. While it is a domestic producer and not involved

in transoceanic oil tanker transport, the price of oil is a global dynamic in real time. As a small

cap, when the oil price moves and IMPP's fixed expenses remain static, margins can increase

in a curvilinear fashion. IMPP once traded in the 40 share price range. I believe it is well

situated to jump if oil prices escalate in the near term. For another similar penny energy stock

albeit not domestic take a look at INDO. Targets are on the chart 15%, 30%, 30%, 25% partial

closures at each averaging 10-15% overall
Note
Zoom- in showing support and pivot low for stop loss placement



snapshot
Note
INDO ( Indonesia Energy Corp) zoomed -in

snapshot
Transaction en cours
Price hit the first two targets- and partial profits have been taken.
bollingerbandstrategyFibonacciGrowthIMPPINDOlongusoiloilproducersUCOUSOCrude Oil WTIValue

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