Italpinas Development Corporation
IDC is on a potential breakout from a bullish Downward Price Channel.
*Initial projected target from this breakout is around 4.18.
*Next target on sustained breakout will be around 4.40 ~ 4.70 area.
*Immediate support area around the 78.6% retracement.
Trading Plan
- Buy near the breakout area.
- Set stop-loss on breakdown from the price channel's support line.
No comments:
Post a Comment