IPP iproperty group limited

massive drop, page-14

  1. 451 Posts.
    I definitely wouldn't be selling...In fact this is nearing a very good time to buy. Stock has found support just above the 50% retracement from the all time low @ around 10c and has only closed once under the 50% retracement from the last move up from the low around 70c to the high around $4. I'm looking for a higher trough followed by a break of the previous peak on the daily chart and will be re-entering. You only have to look at REA to see the kind of potential this stock has!
 
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