IMD – Imdex Limited | Aussie Stock Forums

I hold Imdex which is a company supplies mining/resource related equipment such as “Drilling Products and Services company, dedicated to becoming a significant global player in supplying Drilling Products and Services to the Mining, Oil and Gas, Water well, Horizontal Directional Drilling and Civil industries.” etc more on http://www.imdex.com.au/

Has a nice chart and pays (small) div. From www.getapgraph.com rather machine-like descirption as follows:

SHORT TERM COMMENTARY:

IMDEX LIMITED [Thursday 25 Jan. 2007]: fell by -1.09% last day from AUD 0.92 to AUD 0.91. . In the last 10 days the price of IMDEX LIMITED has been rising in a total of 6 out of 10 days, and is up by 8.33% over the past 2 weeks. Volume fell last day along with the stock which actually is a good sign as volume should follow the stock. Last day the tradingvolume fell by -1 653 921 shares and in total there was bought and sold 656 560 shares for approx. AUD 597 470.

3 MONTH TREND

IMDEX LIMITED lays the middle of a wide and strong rising trend on short term and further rise within the trend is signalized. Given the current short term trend the stock is expected to rise 20.1% during the next 3 months and with 90% probability hold a price between AUD 0.97 and AUD 1.15 at the end of this period.

Support/Resistance

Support 1: AUD 0.90 Resistance 1: AUD 0.91

Support 2: AUD 0.87 Resistance 2: AUD 0.92

Support 3: AUD 0.79 Resistance 3: AUD 0.93