IMD has kicked up strong so now on watch to lock in the gains

IMD – Imdex Limited

Stock : IMD – Imdex Limited

Current Price : 0.74

Previous Buy Entry Trigger Level : 0.665

New Sell Exit Zone : 0.62

Partial Exit Zone : 0.78

Status : On watch for continuation and Partial Exit

Company News :

IMD has kicked on beautifully today and currently reacting off resistance at 0.75. We expect to see a push up through the resistance level to a partial exit target zone around 0.78/0.80. Happy to now take a partial exit and tighten the risk zone to 0.62. Time now to sit back and watch the action.



Stock : IMD – Imdex Limited

Current Price : 0.63

New Buy Entry Trigger Level : 0.665

Potential Sell Exit Zone : 0.60

Status : On watch for Buy Entry Trigger

Company News :

IMD is looking great both on the daily and weekly charts and is in prime position to break higher. Price action is holding a higher low around the 0.60 zone which may be the start of a new leg up. We are now watching for the buy entry trigger level to be hit and then will hold risk at 0.60. If price pushes lower prior to entry to 0.60 or below, then we will re-assess the price action.