Australian (ASX) Stock Market Forum

Reply to thread

25/11/21 8.00am


ILU Financials only rate as GOOD from a scale of VG, Good, Av, Bad, VB.


IV is closer to $6.50 so with SP @ $8.55 it is considered EXPENSIVE atm.


TA suggests it is just above a Support Line of $8.50, LR (pages 139 to 142) is still in a Downtrend, However CCI (pages 108 & 109), and MFI (p 95) both suggest a ST Uptrend.


[ATTACH=full]133360[/ATTACH]


These are my personal observations, they may be of interest to some punters.

NOTE:- I DO NOT hold ILU atm.

Remember to DYOR.


Cheers.


DrB


Top