IAG is looking a bit lifeless atm trading on rather thin volumes.
On the plus side the large relentless sellers seem to have gone quite a while ago.
The price is holding above the 18 day & 27 day moving averages & $5.25 looks to have been the bottom as indicated by MACD.
QBE is the broker favourite in the Insurance sector but as QBE increases in prices IAG becomes more & more attractive to bargain hunters.
IAG will play catch up some time soon imo, any half decent announcement should provide a share price surge of sorts.
IAG is not a particularily exciting stock but it is backed by strong fundamentals.
Slow & steady for IAG unless they pull a sweet aquisition out of the hat, as they have done many times before.
Listless, limp trading to be expected in the future until announcement/s.
A uptrend is in place.
IAG is a stock you can recommend to your mother :)
People who want excitement should look elsewhere:)
Yeah, I'm still holding some Call warrants in this one,
Doh!!!
Sleep easy at night factor:)
Cheers.
what are peoples thoughts atm, page-2
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IAG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.16 |
Change
0.050(0.70%) |
Mkt cap ! $16.85B | |||
| Open | High | Low | Value | Volume |
| $7.15 | $7.19 | $7.13 | $9.755M | 1.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5567 | $7.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.17 | 19141 | 12 |
View Market Depth
| Last trade - 10.26am 18/07/2024 (20 minute delay) ? |
| IAG (ASX) Chart |