Tuesday, March 14, 2017

IDC breakout continuation

Italpinas Development Corporation

IDC is on a breakout continuation from the recent Downward Price Channel breakout. Initial target at 4.18 was already hit.

*Next target on sustained breakout will be around 4.40 ~ 4.70 area.
*Immediate support is around 3.77, near its recent 61.8% retrecement.

See previous analysis for reference on trading plan:
https://psetrends.blogspot.com/2017/03/idc-on-potential-breakout.html


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