RE: Sells?11 Sep 2017 18:13
I wish I knew. On the basis that there are probably some pis who are not aware of IDP, an RNS announcing a very decent increase in turnover and profit as may be reasonably expected given what was advised in June pre year end, could lead to some early buying and we might crack 400p again, but unless there is some further news, I suspect the SP will fall back again.
https://invst.ly/53q13 - link to my simple daily chart showing the wedge nearing its end. Could go either way, but from a medium-term view, you know that the SP will be higher come Xmas, when Roots, StevieK and Charles+Lee as well as Skinny Tan will have increased turnover still further.
If the SP falls back, IMHO it will provide a good buying opportunity, not maybe straight away, but after a week or so. As you know, you just have to watch the SP movement and try to find the bottom.