IDL 0.00% $1.27 industrea limited

Be careful at the moment if entering short term. A few things to...

  1. 461 Posts.
    Be careful at the moment if entering short term. A few things to consider:

    - Biggest indicator is about a 1/3 of all sales for the last few days have been shorts
    - There could be an element of buy on rumor, sell on fact
    - Technically it is extremely over bought indicating a re-trace could be imminent
    - End of quarter window dressing by funds will end this week

    Good company fundamentally, but after the hard run it has had locking in at least some profits may be prudent.
 
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