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Indorama Ventures PCL ( IVL ) cooling off after big gains
INDORAMA VENTURES PCL
Indorama Ventures PCL ( IVL ) cooling off after big gains
By TalkingCents
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Nov 25
2
Nov 25
Monstrous rally off of an inverted head and shoulders support. Banking a +- 70 % gain over a 3-4 month period.
Stock seems to be cooling off now, which might indicate some profit taking in order to protect those gains.
No position, with a neutral view. I'll be Watching for downside pressure and might get interested at 23 baht again for a trade.
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TalkingCents
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