IDT 13.0% 13.0¢ idt australia limited

Chart, page-44

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    lightbulb Created with Sketch. 526
    Been a while since anyone posted a chart so thought I would add my interpretation as there's a bit going on IMO.

    Gap up was well and truly filled for the first time yesterday on the daily chart. Hopefully we'll see a close above 55c today. If so we should trade back up towards the top of the channel with a high of 64c. A break below 55c today and we could be in trouble next week. Next line of resistence is a little unclear... hopefully no lower than 48.5c.

    IDT will continue to trade lower based on the channel currently in play, pending positive newsflow of course.

    https://hotcopper.com.au/data/attachments/3714/3714954-1ba217eb0cdd206db6ccfdb767c4a7c7.jpg

 
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