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 : http://www.imdexlimited.com/investors
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.
ORIGINAL ENTRY ALERT 13/6/17
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 : http://www.imdexlimited.com/investors
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.
