IDM idm international ltd

IDM - I agree, is exciting.9cents seems the be the magic number...

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    IDM - I agree, is exciting.

    9cents seems the be the magic number that it's trying to hurdle.

    I have posted a weekly chart showing that IDM has a resistance level at the 9cent mark. The daily charts shows it attempted the 9cent mark 4 out of the last 10 trading days and is well on the way to testing it again.

    IMO the fact that volume has picked up significantly in the last 6 weeks, and there seems to be a 'buzz' in the air regarding the impending positive financial announcement, the 9cent mark will soon become the support level not resistance.

    As usual DYOR.

    cheers
    Ange



 
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