Recently, the trend of IP has become increasingly interesting.

From the chart, IP started from around 5.4 at the end of August and quickly surged to 11.8, completing the first round of doubling.

After that, although it experienced a pullback and consolidation, it generally maintained a fluctuation around 10 without significant retracement, indicating strong support below.

Looking at the indicators, MACD has gradually shortened the green bars and started to turn red after a period of adjustment, while the short-term moving averages have also turned upward, with momentum re-accumulating.

KDJ has re-crossed after a pullback at a high level, and combined with the price returning above the middle band of the Bollinger Bands, there is a clear target for a second upward attack.

Currently, the key level is at 10.5; as long as it can stabilize here, there is hope to challenge the previous high of 11.8 again. If it breaks through with volume, the space may likely point directly to the 13-15 range.

Overall, IP has completed the accumulation of chips after a significant rally and subsequent consolidation.

With the volume warming up and the technical side strengthening, the next wave of market activity could erupt at any time, and the bullish logic remains valid.