IBHD is a good developer in i-city with cheap land acquisition cost, the potential is there but the number of script is massive more than 1 billion. So, i would grade it a short term punt.
IBHD yesterday created a new resistant which the price 0.61 was hit 100 days moving average line. MACD creating a up trend bar. If today 22/7/2015 it can sustain above 0.610, it might bullish counter?? Let's see what will happen later.
Disclaimer: This is a personal weblog, reflecting my personal views and not the views of anyone or any organization, which I may be affiliated to. All information provided here, including recommendations (if any), should be treated for informational purposes only. The author should not be held liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
No comments:
Post a Comment