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.
IDL Price at posting:
$1.46 Sentiment: Buy Disclosure: Not Held