Text me if you have any questions/comments for me.
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IMD
- Previous analysis was done on 9 Nov (red arrow) -> suggested waiting for a successful rebound at 2.90 before plotting entry if believe the stock can create new all-time highs
- Since then, the stock has rebounded and created a new all-time high on 15 Nov
- Today, stock has retraced back to the...
Text me if you have any questions/comments for me.
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IMD
- Previous analysis was done on 14 Sep (red arrow) -> suggested entry at 2.43 levels if believe the stock can form new all-time highs
- Since then, the stock retraced to test the mid-term support before rebounding to $2.43 on 28 Sep (blue arrow)
- Another retracement and successful rebound later, the...
IMD
- First time doing a written analysis on IMD
- Has history of mid-term uptrends that is interrupted by slow sideways price consolidation
- Holding this stock would require more patience
- This stock is finally making a move with a strong breakout from the counter-trendline (red dotted line)
- Continued strong price action in this trajectory could see the...
Key Techincals - High probabilty asc triangle formation. Key Fundamentals - minerals exploration likely one of the key sectors that drives international post covid growth + cutting edge cloud based software allowing clients to make more real time actionable decisions.
hey everyone,
im looking at this for a re-test of the top. good risk to reward. looking at a larger correction possible before getting in. what are your thoughts?
Heres my entry today $IMD on the ASX based on higher highs/lows, bounce off support and green candle. Stop loss in as risk management and targets set. Not financial advice.
strong buy from cup and handle not long ago , still have some fuel left in this pull back to the last support level from last year. Upside break out will see 10% gain before year end.
You know Australia stock market is a pretty bad.
Only 154 Buys out of 2027 Aussie stocks.
Today's stockpick is Axsesstoday (ASX:IMD)
Let's see some previous history data by VectorVest:
28-Mar-18 RT: 1.50
27-Mar-18 RT: 1.45
26-Mar-18 RT: 1.40
23-Mar-18 RT: 1.32
IMD.AX has a current Value of $2.15 per share estimated by VectorVest, which is undervalued...
This is the first touch of the 10-week moving average since coming out of a loose Cup & Handle pattern back in early August. Institutions generally come in to buy on the first and second touch of the 10WMA after a base breakout, so volume on the bounce will be the key in the coming days.
