IBN 0.00% 2.0¢ ibuynew group limited

net profit, page-27

  1. 1,017 Posts.
    ?? I'd read that as brokers taking shares off retailers ??


    Chart still looks OK above the main trend line to me, in particular I can't see a whole lot of overhead supply from recent buying, if any experienced chartists have any comments? Could also say it has retraced 50% of its last two spikes, volume dried up now = no supply here. Yeah? Nah?

    The only issue I have with buying more around here is because the last quarterly and yearly reports were the catalysts for its rerate, so I'm not sure where the next wave of buying interest will come from. But if it comes I can't see why we can't crack 027? The yearly came out at a time when good news was getting sold into everywhere I looked so I sold some just before it...

    Screen Shot 2015-09-07 at 4.07.00 pm.png

    @forrestfield you still here?

    havahelltime
 
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