[Entering Position in Intelli Check (IDN)]
Dear Member:
I have been watching Intelli Check (IDN) for some time. From February to the end of June, it was essentially trading between about $6 and $7.50 and then took a drop. It looks now as though it may have turned around. I like the stock at a limit of $5.60 with an initial exit at $4.75 if it turns down. It has moved up today on well above average volume and MACD has turned positive.
DISCLOSURE: At the time of publication, I have no position in IDN.
Sincerely,
Bill Kraft
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