Jerm88

IEL @ 19 OCT 2021

ASX:IEL   IDP EDUCATION LIMITED
Text me if you have any questions/comments for me.

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IEL
- Previous analysis was done on 8 Oct (red arrow) -> suggested entry if there is a successful rebound around 35.75 levels
- Since then, the stock has tested the short-term support and has successfully rebounded
- If you taken the entry suggestion, you would be in gains of close to 4% gains within 3 days
- Current price is far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and a successful rebound
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