IP International Paper Co.

$IP $ASIX $ECVT ----> $MERC micro float blast potential. commodities like these all taking a beating. Question remains when will it end and who wins the larget recovery by percentage. don't forget about the little guy

$IP | International Paper Co. (Packaging Solutions & Sustainable Fiber Products 📦🌲) $IP is setting up a macro head-and-shoulders inverse / triple-bottoming structure on the daily timeframe, consolidating near $35.00–$35.55. Price action is holding above key demand at $32.75–$34.00, attempting to reclaim the $36.70 high-volume node. A sustained breakout above the $41.00 descending trendline opens the path toward macro volume resistance near $47.00 and $52.00. Key Levels for Bulls & Bears: • Bull Reclaim Trigger: $36.70 / $41.00 • Overhead Targets: $47.00 / $52.00 / $61.00 • Critical Pivot Support: $34.00 • Downside Risk Levels: $32.75 / $29.25 Signal Profile: • Massive multi-month baseline accumulation curves forming on the chart suggest institutional support along the $29.25–$32.75 floor. • Consolidation directly under the $36.70 point-of-control volume shelf indicates potential energy expansion toward upper trendline targets. #swingtrading #hovdid

$IP options flow lesson: volume and open interest answer different questions. Volume counts contracts traded during the session. Open interest is the standing balance from the prior settle. The two should not be treated as interchangeable. The alert snapshot shows $71K in the Jan 15 $47.5 puts. Volume was 0.4x standing open interest at capture. Intraday volume does not establish whether a position was opened or held; the next settled open interest is the check.