Insurance IAG - AustraliaInsurance provider IAG, in my opinion looking reasonable stable on the charts. Enjoying seeing the higher lows, and forming a 40degree trend similar to previous pumps with the stock.
5.65 entry?
Looks promising.
Next report date
Report period
H2 2024
EPS estimate
0.67USD
Revenue estimate
5.53 BUSD
1.05USD
559.64 MUSD
6.00 BUSD
About INSURANCE AUSTRALIA GROUP LIMITED
Sector
Industry
CEO
Nicholas Barrie Hawkins
Website
Headquarters
Sydney
Founded
1925
FIGI
BBG000RJYH30
Insurance Australia Group Ltd. engages in underwriting of general insurance and related corporate services. It operates through the following business divisions: Direct Insurance Australia, Intermediated Insurance Australia, New Zealand, and Corporate and Other. The Direct Insurance Australia division provides personal lines, some commercial lines, and general insurance products sold to customers under the NRMA, SGIO, SGIC, the RACV in Victoria, as well as the CGU and Poncho brands. The Intermediated Insurance Australia division offers commercial lines, personal lines, and general insurance products sold to customers through intermediaries including brokers, authorized representatives, and distribution partners under the CGU and WFI brands, as well as the Coles insurance brand via a distribution agreement with Coles. The New Zealand division deals with general insurance products underwritten in New Zealand. The Corporate and Other division represents other activities, including corporate services, capital management activity, shareholders’ funds investment activities, inward reinsurance from associates, investment in associates, and other businesses that offer products and services that are adjacent to IAG's insurance business. The company was founded in 1925 and is headquartered Sydney, Australia.
IAG Insurance 'ACT OF GOD' Could drive Fear = Bull Run ??
Targets based on Fib extension
Would like to see this play.
Good Risk Reward - Learn it. Hi all,
Look at this chart.
I do understand that the sentiment is bearish.
But the RR is good. It is a long term consolidation.
Just think about these scenarios on your trading.
Thanks
IAG - Bullish Trade PlanIAG has pulled back towards its 200 SMA and has currently found support. I expect price to consolidate a bit before moving higher and this could be a very good buying opportunity. I will enter a long position once bullish price action is confirmed in the very zone. Lets see how it develops.
Please
IAG - Trade PlanIAG is currently pulling back and I expect that this pull back may provide a good buying opportunity. I will take a long position once it prints bullish price action and targeting the recent highs around $5.50. My stoploss will be below the current swing low.
Please note these are my own notes, by
Insurance Australia GroupEquity Portfolio Technical View
The share is setting up a potential long term bullish reversal, with it’s 16-month downward trend line breached as per the weekly chart.
New 3 1/2 month high.
Weekly RSI emerging from a neutral regime, shifting to a bullish regime, with a reading of 56.
Weekly RSI
IAG breakout into 2 month high. Worst may be over.IAG has been lagging for a while, but today closed above the 50d MA and made a two month high closing above 5.00 May be riding the banks and financials trend at the moment and could aim above the 200d MA next and over 5.50 as a test.
See all ideas
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