Monday, January 2, 2017

International Healthway Corporation (IHC) Ltd Technical Analysis - Jan 2017

There is a falling wedge with target ~0.1. Price has broken the resistance line and back-testing it. Moreover, an island reversal is possible but looking at the current fundamental it is quite like the gap would be filled in a few years time only. Long term looks good but for short to mid term, nothing interesting.


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