If you look at the 20 week and 30 week moving average tool as per the Trade Like A Stockmarket Wizard book you will see that this is now coming into buy range. A good pullback post the breakout back to the moving average now pointing up is what I have been looking for.
What I also like is earnings are forecast on the up in future and price movement tends to follow. $5.30 is to me a buy and hence triggering my order today.
Good luck to all that are in IPH along with myself.
If you look at the 20 week and 30 week moving average tool as...
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 (20min delay)
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Last
$4.96 |
Change
-0.120(2.36%) |
Mkt cap ! $1.578B | |||
| Open | High | Low | Value | Volume |
| $5.14 | $5.14 | $4.96 | $9.992M | 2.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86314 | $4.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.98 | 6881 | 1 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| IPH (ASX) Chart |
