IOLCP which is highly undervalued stock seen retracing more on its levels. Stock seen retracing in E of A,B,C,D,E, as mentioned on chart and a retracement of 61.8% of a earlier rally comes to 435.00. Need to think if stock really in mode to retrace harmonically then more 23% fall cannot be ignored. Study the chart carefully
Trade closed: target reached:
IOLCP reached the retracement of 435.00 levels as expected since september. Current Price hovering around 435.00 levels. Keep watch for reversal if any.