Stock Analysis IAG

IAG – Insurance Australia Group Limited

IAG has been on the move higher for a long time but is it all about to come to an end. Price is extended at current levels so may lack the new buying fuel to push price up to new highs. We see the potential for a last ditched spike up to the 8.50 zone but then we expect to see some profit taking to see prices move lower.

Stock Code : IAG – Insurance Australia Group Limited

Company Website : www.iag.com.au

Current Price : 8.215

Status : Analysis only