IPL 1.26% $3.13 incitec pivot limited

chart on this one worries me....interested to dip my toe....but...

  1. 3,775 Posts.
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    chart on this one worries me....interested to dip my toe....but why the down trend for months (since Jan). mkt surely knows "cash cow" plant near production.....must be another reason to doubt fundamentals...a big reason...always 2:1 sell to buy side, commbank keeps loading then unloading....wat gives...!

    missed my buy in high 2.60's, now will wait for a retrace.

    put options failed......wanted to sell one at $2.70...mr mkt wasnt interested today with an early 3% takeoff..

    wonder what the next few days will bring?
 
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