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Bullboard - Stock Discussion Forum Indigo Books & Music Inc T.IDG

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store... see more

TSX:IDG - Post Discussion

Indigo Books & Music Inc > i was out yesterday and will come back soon
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Post by mingzhu on Aug 12, 2020 12:23pm

i was out yesterday and will come back soon

it breached support of 1.81. i put a bid at 1.3. it may not get there today.
Comment by InvestorRights on Aug 12, 2020 1:21pm
Good Luck Mingzhu! Thanks for your contributions to this board! I think we have a base above $1.70 level, with a large amount trading above the $2.00 mark I believe the powers to be wanted to tame things down as we did go up fast. I think this may be a good level to add more. We may see above $3.00 soon! 
Comment by TheNextBigThing on Aug 12, 2020 2:05pm
I think the vwap for yesterday was $2.32. Im hopeful we'll see this retest $2 before sipping much further. But I'm not surprised to see profit taking after such a quick rise. 
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