International Paper (IP): Long-term Swing Trade

This stock is a good value and is at the bottom of a weekly channel, at horizontal support and at key fib levels.
This company is changing with the times and is focusing on "faster-growing regions and higher-return businesses," according to S&P Capital IQ. What's more, YOUNG RAY G (Director) recent direct purchase of 2,000 shares at $51.98 per share on May 7, 2015 wins my vote of confidence going forward with this investment.

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