IFG 14.3% 1.6¢ infocus group holdings limited

diageo on the horizon, page-9

  1. 9,861 Posts.
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    Sorry peoples, decided to head for the beach for a day and forgot to do the chart.

    Anyway, yesterday was a steel if you ask me, i like the weekly chart and as you can see there are some good ranges which could see a nice trade develop.
    I guess at max entry 530 the risk is above the 6% but that just means buying a few less shares, but picking up around the 515 is good.
    The risk is the 495 low but im suggesting we chould see more upside than down from here.

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