Yep good price action. I have a feeling that this trading range is going to go on for a number of more weeks before its marked up - large amount of supply at the upper band of the trading range which it may take a while to get through so could be further reaccumulation either at the top of the range or more possible springs off the support. But it's looking like its reaccumulating within a long term trend - if it reacts off the demand trendline in Feb/Mar with the same type of rally it had in August then that would take the share price to the mid 80s.
An alternative steeper demand trend line could also emerge though depending on how it reacts from this upthrust - a quick follow through and rally makes a much steeper demand trend line which would see the price rally much faster through 2020 if it holds.
IFN Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
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