Hey IDC HoldersThe technical signals are looking very strong for...

Hey IDC Holders

The technical signals are looking very strong for IDC!

After a strong run last week after the first of their high grade drilling results were released, shown in the Money Flow Index and RSI in the overbought section of the chart, IDC has consolidated well above the 7 30 50 60 120 and 200 day moving averages.

And on low volume for the last few days.....when the volume returns, the positive move will be swift and aggressive! :)

The lower indicators are showing the share price is moving towards an oversold position, yet the share price is holding above 18c. Very bullish IMHO!

All it needs is another announcement for it to break into the 20c levels.

Anyhow, as I've stated many times, I am 80% economic fundamentals and 20% Technical Analysis. Both are telling me IndoChine is in a very good position.

And we all look forward to more posts from Janus!

Cheers Nectar