IFL 3.06% $2.36 insignia financial ltd

Ann: IOOF Q2 2021 Business Update, page-40

  1. HSP
    5,051 Posts.
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    I ignored broker views about IFL. The daily chart is very bearish.
    Since acquired ANZ P&I , sp dived from $7.65 to $2.57 in 2 months, penetrated MA200 downward. down 66.4%. The peers all bounced back, eg CGF, LNK, NWL, HUB............
    IFL tried to break MA200 many times, but failed. eg in JUN 2020, JUL 2020, 15/1/21, 20/1/21
    I expected it could test previous low(I am adding shorts)
 
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