As stated yesterday if IDL shows a higher low today I will see that as confirmation for a turn (however short lived it may be). To my mind 0.43was the low yesterday and seems to be the low for today (OK its not a lower low lol). Based on my rules I have therfore bought some more IDL today at 0.435. Downside risk is 0.42 (less than 5 %). Notional support at 0.42 is strong. I think it reasonable to get more idl - which i did
IDL Price at posting:
43.5¢ Sentiment: None Disclosure: Held