clair097

Italpinas Development Corporation IDC is on a breakout continuation from the recent Downward Price Channel breakout. Initial target at 4.18 was already hit. *Next target on sustained breakout will be around 4.40 ~ 4.70 area. *Immediate support is around 3.77, near its recent 61.8% retrecement. See previous analysis for reference on trading plan: https://psetrends.blogspot.com/2017/03/idc-on-potential-breakout.html

Italpinas Development Corporation IDC is on a potential breakout from a bullish Downward Price Channel . *Initial projected target from this breakout is around 4.18. *Next target on sustained breakout will be around 4.40 ~ 4.70 area. *Immediate support area around the 78.6% retracement. Trading Plan - Buy near the breakout area. - Set stop-loss on breakdown from the price channel's support line.