IFL has kicked up strong today so raising the risk level

Trade Management

Current Open Alert


IFL – Ioof Holdings Limited

Stock : IFL – Ioof Holdings Limited

Current Price : 10.665

Previous Buy Entry (Trigger Level) : 9.73

New Sell Exit Zone (Stop Loss) : 9.85

Previous Partial 50% Exit (Target) : 9.98

Status : Taking a partial exit at current levels

IFL has pushed up strong today on good news so we have taken the opportunity to raise the risk level on the remaining to above break even. The weekly charts are still looking very strong so we see further continuation higher on the cards.



Stock : IFL – Ioof Holdings Limited

Current Price : 9.70

New Buy Entry (Trigger Level) : 9.73

Potential Sell Exit Zone (Stop Loss) : 9.35

Status : On watch for entry trigger

IFL is on the move higher with a great structure on both the weekly and daily charts supporting a move higher. We can see evidence of buyers stepping in for a continuation move on a daily basis. We are happy to buy on a push up through 9.71 and hold risk below the higher low at 9.35. If 9.35 is traded prior to entry then we will re-assess the price action.