Intrepid Potash (IPI)

[Longer Than Most]

Not great news out last week which explains the drop. Hopefully they don't convert too much at once to disrupt the long term charts because this keeps making higher lows and institutions and insiders keep buying.

Intraday charts look pretty good for a move and the daily chart looks bullish around 2.28, so expect a surge of that switch comes. If it breaks 2.28, I could see it easily running to test the 2.5 area again, at which case, one of these times bears won't be able to hold it down.