Yep, cab likes his charts and also likes IDC for the returns over the last year or so on short term trading, even though I started this thread on a positive note (and had to put some abusive posters on ignore), I think I have to be honest and say that I would not be tempted to go long on IDC at this stage.
It's just doing a consolidation between 65 and 59 and some indicators are bottoming, like all stocks it could do a jump out of this range but that's up to the individual trader to decide for themselves if and what to do when that happens.
Looked good when I first posted - even the most ardent fan would have to say it's not so good now ---- unless the conspiracy guys can see something I've missed then it's back to my charts.
IDC Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held