IMG trade ideas
Symmetrical Triangle Continuation Symmetrical triangle forming over the stretch. This has mirrored previous patterns of continuation with IAG. Fundamentals of the company have improved in the past year and a half.
IAG trend reversal?Inverted Hammer signal. Possible reversal coming? Bouncing off lower RSI, nearing oversold.
Undervalued Buying OpportunityMinor wave correct provides great entry.
Initial PT:$ ≈8 or 33% above current. GuruFocus DCF Fair Value= 11.66
Strong balance sheet w/ little debt and high Current Ratio. 3 Stars on Morning*
gold, dxy till next rate hikethe red arrow shows the potential trend and target till rate hike in Dec.
Long IAGBreakout from a flag consolidation pattern. Pattern counts to ~$8. Momentum (RSI) confirms the move. Long-term bottoming pattern.
Looking for tight trading zone hereGreat Earnings play, they will beat expectations! Red is the buy zone, with a tight stop. Once $5 breaks, looks for a big move to fill gap at $5.25-$5.5
IAG - 2hrLooked like a solid reaction off the top of retrace support. I was a bit early here, but layered in small. Price made an initial 5-waves move up, but cir-ii is questionable and I haven't seen cir-iii of 1 forming like it should. Gonna give it more time.
strong group almost thru daily daily above weeklysee note below-uncertain times with elections-good strong miner
IAG: PULLBACK BEFORE THE NEXT WAVE DOWN?IAG has broken the uptrend on 4h chart. Now it seems making a pullback, so i'm expecting a test on the broken levels before the next wave down. Let's see how it develops
