IG Group Share Price Analysis - Bullish
The price has been in consolidation between 5.20-6.50 area. However their is a nice divergence on the RSI.
There is also a nice bullish pin bar on the weekly chart.
If this price can push through the 6.50 area it could then push up to the 7.20.
We are bullish on the stock. There is a nice risk to reward too.
This is not a recommendation to buy or sell the stock, only an overview of the chart. Please do your own research before making a trading or investing decision.
There is also a nice bullish pin bar on the weekly chart.
If this price can push through the 6.50 area it could then push up to the 7.20.
We are bullish on the stock. There is a nice risk to reward too.
This is not a recommendation to buy or sell the stock, only an overview of the chart. Please do your own research before making a trading or investing decision.
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