Wednesday, November 1, 2017

ISDN - A Laggard Engineering Solutions Play Ready For Rebound

ISDN -  A laggard integrated engineering solution play  with Foxconn and AEM as their major  customers. The group is a market leader in motion control with high barrier of entry.  It is also a beneficiary of the One Belt One Road project linked with state owned companies. 3Q results is due in mid Nov On the chart it seems to have found a bottom at 0.23 and ready to break out of its consolidation zone between 0.23 and 0.26. A break above 0.26 could see the stock accelerate towards 0.285 and 0.31.

All posts and charts are for educational and illustration purposes only

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