IPL – Buy Signal

IPL:ASX is now under Algo Engine buy conditions and has been added to the ASX 100 model portfolio. 

We expect to see a pick up in second half earnings for IPL, which will help support the share price. 

Traders will note the high low formation at $2.35 and may wish to run a stop loss below this level.

IPL – Buy Signal

IPL:ASX is now under Algo Engine buy conditions and has been added to the ASX 100 model portfolio. 

Traders should begin tracking IPL for a turn higher in the short-term momentum indicators and look for buying interest to increase near the $2.30 to $2.40 support level.

 

IPL – Buy Signal

IPL:ASX is now under Algo Engine buy conditions and has been added to the ASX 100 model portfolio. 

Traders should begin tracking IPL for a turn higher in the short-term momentum indicators and look for buying interest to increase near the $2.30 support level.