IFL on the move continuing with yesterdays strength

Trade Management

Current Open Alert

 

IFL – Ioof Holdings Limited

Stock : IFL – Ioof Holdings Limited

Current Price : 11.07

Previous Buy Entry (Trigger Level) : 9.73

New Sell Exit Zone (Stop Loss) : 10.40

Previous Partial 50% Exit (Target) : 9.98

Status : On watch for strong move up

IFL has pushed up strong again today continuing the move from yesterday through 11.00 resistance. We have tightened up the risk to below yesterdays low to lock in further gains and now will just just sit back and watch the action.

 

ORIGINAL ALERT 21/7/17

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.