$IEL - EDP EDUCATION - Running Hard.

$IEL - EDP EDUCATION - Running Hard.

Looks like a great business to be in. Nice profitable whale of an education dating service between overseas students and educators.

RSI has been too hot for a while so have this one on my watch list looking for an RSI under 70 to look for an entry. Closer to 60 the better.

IDP Education Limited is engaged in the placement of international students into education institutions in Australia, the United Kingdom, the United States, Canada and New Zealand; distribution and administration of International English Language Testing System (IELTS) tests, a globally recognized English language test for study, work and migration purposes, and operation of English language schools in Vietnam, Cambodia and Thailand. The Company's segments are Asia, which includes India, Malaysia, Indonesia, Mauritius, Bangladesh, Nepal, Sri Lanka, Singapore, Cambodia, Philippines, Vietnam, Thailand, Laos, China, Taiwan, Hong Kong and South Korea; Australasia, which includes Australia, New Zealand, Fiji and New Caledonia, and Rest of World, which includes Saudi Arabia, the United Arab Emirates (UAE), Turkey, Pakistan, Oman, Kuwait, Bahrain, Qatar, Egypt, Jordan, Libya, Azerbaijan, Iran, Canada, Russia, Germany, Mexico, Argentina, Columbia, Kazakhstan, Ukraine and South Africa.

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Its managed to stay up but I would want it to break through $15 before another entry to confirm direction.

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Share pushed to a new high of $18.91 before a pull back and has been trading sideways for a little while now. Hoping it will begin its run again.

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Recovery after pullback might be in play

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Pushing through $24 now.