ASX's IMDEX - A Mining Technology Company.One of those "sells shovels to the miners" type companies that has been having a good run for a while now. Could be worth a look. by zAngus449
IMD @ 17 NOV 2021Text me if you have any questions/comments for me. ----- IMD - Previous analysis was done on 9 Nov (red arrow) -> suggested waiting for a successful rebound at 2.90 before plotting entry if believe the stock can create new all-time highs - Since then, the stock has rebounded and created a new all-time high on 15 Nov - Today, stock has retraced back to the short-term support and a good rebound looks to be at 2.90 levels again - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs by Jerm880
IMD @ 9 NOV 2021Text me if you have any questions/comments for me. ----- IMD - Previous analysis was done on 14 Sep (red arrow) -> suggested entry at 2.43 levels if believe the stock can form new all-time highs - Since then, the stock retraced to test the mid-term support before rebounding to $2.43 on 28 Sep (blue arrow) - Another retracement and successful rebound later, the stock has achieved gains of more than 15% within 6 weeks - Recent price action to test the short-term support has provided a good setup for entry - A successful rebound would be around 2.90 levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs by Jerm880
IMD @ 14 SEP 2021IMD - First time doing a written analysis on IMD - Has history of mid-term uptrends that is interrupted by slow sideways price consolidation - Holding this stock would require more patience - This stock is finally making a move with a strong breakout from the counter-trendline (red dotted line) - Continued strong price action in this trajectory could see the stock create a new all-time high - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest entry above today’s high if believe the stock is capable of forming new all-time high by Jerm881
IMD.ASX_Range Breakout and Retrace Trade_LongENTRY: 2.05 SL: 1.905 TP: 2.51 - ADX>20 - RSI>50, RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS -ve - Weekly FFI +ve - Weekly MACD +ve - Breakout with high volume on 26 May 2021 and retraced with lower volume. Showing bullish candle today with high volume.Longby TRADER-WANNA-BEUpdated 1
Imdex - Nice looking chart - High probability!Key Techincals - High probabilty asc triangle formation. Key Fundamentals - minerals exploration likely one of the key sectors that drives international post covid growth + cutting edge cloud based software allowing clients to make more real time actionable decisions.Longby ruttUpdated 0
IMD | Daily flat pattern potential. hey everyone, im looking at this for a re-test of the top. good risk to reward. looking at a larger correction possible before getting in. what are your thoughts?Longby Trading_Matrix6
$IMD - ASX long set-upHeres my entry today $IMD on the ASX based on higher highs/lows, bounce off support and green candle. Stop loss in as risk management and targets set. Not financial advice.Longby tradingwithanthonyUpdated 3
strong buy strong buy from cup and handle not long ago , still have some fuel left in this pull back to the last support level from last year. Upside break out will see 10% gain before year end. Longby TungieCapital1
Bearish Aussie market penny stockpick #2 before Easter !You know Australia stock market is a pretty bad. Only 154 Buys out of 2027 Aussie stocks. Today's stockpick is Axsesstoday (ASX:IMD) Let's see some previous history data by VectorVest: 28-Mar-18 RT: 1.50 27-Mar-18 RT: 1.45 26-Mar-18 RT: 1.40 23-Mar-18 RT: 1.32 IMD.AX has a current Value of $2.15 per share estimated by VectorVest, which is undervalued compared to its Price of $1.23 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. As RT values are climbing, it is a good sign for a longer run. If you have VectorVest ready, go to midas touch graph. We need only 3 lines: MA Stop (10), MA Stop (65), and MA RT (40). Don't forget to set the timeframe into 3 months only. Well, I know you are happy to see that graph. However, we would recommend to HOLD and wait to see if any price actions in the highlighted area to break the strong resistance trend line. If you bet the MACD crossover, then your stop loss is 1.12 slightly less than MA(40). Ichimoku analysis shows strong support at 1.10. Vectorvest suggested stop price is 1.10, too. IMD is selected by using VectorVest Unisearch strategy, with the stock price (split adjusted) set below $2.Longby SoloTraderAU2
$IMD break through $1 on increasing volume. MACD turning upStrong volume break through key pivot level of $1. should go higherLongby BTB_Aus2
$IMD finding support at the 10-week moving averageThis is the first touch of the 10-week moving average since coming out of a loose Cup & Handle pattern back in early August. Institutions generally come in to buy on the first and second touch of the 10WMA after a base breakout, so volume on the bounce will be the key in the coming days. Longby trad3r93