Potential Buy Alert

IAG – Insurance Australia Group Limited

Stock : IAG – Insurance Australia Group Limited

Current Price : 6.80

Status : On watch pullback and higher low

IAG has great long term price structure and recently holding higher low s that pushed price through major resistance at 6.60. We are now watching for a pullback as the market is a little extended. When the pullback plays out then we will be watching for higher lows to hold as buyers step in.