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 stock create a new all-time high
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry above today’s high if believe the stock is capable of forming new all-time high
- 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 stock create a new all-time high
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest entry above today’s high if believe the stock is capable of forming new all-time high