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Incitec Pivot: Look To Take Profits

On 11th of July we reminded readers of the blog that we viewed the recent Algo Engine signal on IPL,  as one our preferred buy-side signals.

IPL today has opened up 6.5% higher and is now up over 10% from the recent low.

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Considering the recent volatility in fertiliser prices, we suggest taking profits in the current $3.55/60 price range.

Incitec Pivot

 

 

 

 

 

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