Join our community of smart investors

IPF on the up

The recent break to new all-time highs is a sign of things to come for International Finance
January 16, 2013

International Personal Finance's share price has more than doubled in the last 12 months and there is probably more to come, says Ragu Dharmaratnam at Baselica.

It has recently broken above a 'triple top' resistance level, as well as its all-time high at 390p. Traders can go long on a further move through 400p, with a minimum price target of 460p, and placing a stop-loss at 370p.