IFM 3.64% $1.59 infomedia ltd

Charts, page-3

  1. 561 Posts.
    lightbulb Created with Sketch. 10
    Thought I would post the monthly

    Analysis
    - monster cup and handle playing out, several pullbacks, which makes it feel more realistic (to me anyways)
    - a breach and hold of $1.95 looks like strong stuff, with a further breach and hold of $2 looking even stronger.
    - $2.25 being a possible next target after that
    - $2.65 is the all time high - look out if that level is nailed. That is a shed-load in advance of where we are today, of course, so pretty much wishful thinking on that one. The chart does not lie though - those highs represent legitimate resistance/support levels.
    https://hotcopper.com.au/data/attachments/1645/1645884-c188b3c70701dffdcf2e5804a968af78.jpg

    The analysis is all IMO - apart from the hard facts from that chart, of course.

    Go well all

 
watchlist Created with Sketch. Add IFM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.