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
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Last
$7.12 |
Change
0.010(0.14%) |
Mkt cap ! $16.87B | |||
| Open | High | Low | Value | Volume |
| $7.15 | $7.19 | $7.10 | $24.77M | 3.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9837 | $7.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.13 | 3117 | 2 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| IAG (ASX) Chart |