IGL 0.53% $1.89 ive group limited

just oversold at the moment, see the chart RSI below 30%, it...

  1. 440 Posts.
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    just oversold at the moment, see the chart RSI below 30%, it wont be there for long. Similar to October move, there was strong rebound in SP from there. there were also negative market sentiments at the time then...

    but there is a golden rule which always works on the market - buy on dips...

    i've seen a lot of stop loss orders, also there are profit takers, you need some money now, you know...

    someone sells but someone also buys, once the stock on sale changes pockets we are back to growth.. its gotta go up to $2 by the 22' half year reporting in the end of Feb..


    https://hotcopper.com.au/data/attachments/3916/3916310-f52ff4d1e13a6e258757c8a12a1ac682.jpg

 
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