IMG trade ideas
IAG - Gold Pullback Play Setting UpMonster pullback in motion on weekly time frame. Notice how the pullback to breakout support is conversion with 200 week MA. Watch the daily 20 MA for pullback entry trigger. This is probably one of the better gold pullback plays i was able to find.
I AM GOLD Ready to PopIMG was getting ready to pop before the interruption today. Repeated attempts to get to one year high (blue line). They also have a lot of cash right now.
Best Penny Stocks 🚀 to buy and watch in May 2020NYSE:IAG
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FDA date of approval - 18th of April
Our Strategy with this Stock :
We have here a GOLD ETF , which means you are buying stuck in multiple companies in the same time the chart shows a promising constant run up for the ETF , so here we can only use our RSI to look for great opportunities when the price is low and it's oversold in the RSI . If the price goes slightly down and I'm buying it .
What’s the real story :
The beauty of Penny stock that I trade in particular , They are ALL pharmaceutical companies. The AMAZING part is 90% of Biotech penny stocks get approved , Still there is 10% that will go the other way ! That's why I'm here for my students to scan all the markets and give them the conclusion that I personally apply .
How can you actually use this ?
We ONLY trade regarding the news ! Meaning that when we see the anticipatory run UP I start trading it and letting my students and followers take the advantage 👨🎓.
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IAmGoldCorp Testing Breakout. (IAG)Based off our history we have a nice wedge pattern being developed on the 2 week.
Our main Resistance is 3.88 - 4$
Break that and we should move north out of Resistance.
No telling how high it would want to go.
We do have have a potential higher low on the bottoms.
If we broke out I think we would see a nice size push.
Could be developing one massive cup and this could be the push for the right side of it.
When scrolling penny stocks we look for these major zones of Resistance and support. Preferably wedges.
Now if it got reject here I think it will turn into a big mess and the bears could win big.
2 nice opportunities approaching for this one.
IAG - excellent follow throughDiscussed that NYSE:IAG may have bottomed two weeks ago. And price action in last two days on very heavy volume supports the fact that it really did.
Now it is approaching resistance zone and neckline of inverse H&S. Might rest for a while, but when resistance is cleared, nothing should stop the rally later on.
IAG - bottom in place?Few weeks ago I mentioned that NYSE:IAG is in good area to make a bottom, and based on recent price action, good odds that bottom is already in (for bullish case to be valid).
Major potential inverted H&S in the making and should not really go below 2.70$, where I am also placing my stop
IAMGOLD -time for a bottom?Miners have potential to be one of top players this year, and today I am looking at chart of NYSE:IAG . Stock reached perfect targets within wave 2 corrrection based on fibo levels, and price also created bullish engulfing candle yesterday . At the same time, price may also be forming bottom within right shoulder in inverted H&S. Looks promising for low risk entry buy
[Long Idea] IAGNice little bounce here in Gold & Gold Miners.
Many Gold Miners did NOT make new lows when Gold crashed over the last few days. In fact they look bullish.
Here's one showing a nice consolidation. IAG did not follow Gold up in September, but has instead built a larger inverse H&S pattern. So if Gold's bull is going this offers a good risk/reward here, with just the H&S target.
IAG, a punto de definir, con potencial alcista de corto plazo.Cerró en 3.96, con un +5.3% contra la resistencia clara en los 4. La vela de ayer completa dos figuras chartistas a punto de definir, una W si pasa esta zona, con objetivo en los 4.75 aproximadamente y una bandera, con un extenso mástil iniciado en los 2.30 aproximadamente, que llevaría al papel a un movimiento alcista muy interesante en caso de confirmarse y cumplirse, arriba de los 5.70/5.80.
Los indicadores se muestran favorables a una tendencia alcista de corto, con el RSI saliendo por encima de la tl bajista y el MACD retomando al alza y pasando a terreno positivo. El volumen creció en las últimas ruedas.
En caso de pasar esta resistencia en los 4 y confirmar arriba de 4.10, el próximo freno podría estar en la zona de de 4.55/4.60, por donde pasa actualmente la línea de tendencia bajista de mayor plazo y existe un gap de escape abierto en Junio del 2017, que ha respetado incluso en dirección bajista en el ultimo movimiento.
Hacia abajo, para mantener la idea de ruptura inmediata y salida al alza, no debería perder los 3.90. En caso de hacerlo, siguen de muy corto los 3.50 y la zona de piso de la W en los 3.20/3.18.
IAG - IAMGOLD - One More Drop Before ReversalHI, This is PRELIMINARY spoiler idea before I will do my main idea on IAMGOLD long term investment. I believe there will be one more leg down in IAMGOLD and many other miners as well before the whole sector turns upward for new long term trend.
The move indicated with red arrow is a last leg of overall BAMM (Bat Action Magnet Move) that was triggered by breaking B point of POTENTIAL Bullish Bat pattern.
My advise to those lucky guys who rides this nice recent bounce is to take profit or hedge their position.
Good luck!
$IAG BULLISH RESET IN IMGOLD CORP======PRICE TARGET $4.75 POTENTIAL=====.
BREAKOUT @ $4
POTENTIAL GAIN 18%
IAMGOLD Corp. engages in the exploration, development and production of gold and mineral resource properties. The company was founded by William D. Pugliese, Mark I. Nathanson, and Larry E. Phillips on March 27, 1990 and is headquartered in Toronto, Canada.
IAG - Strong Trend From Bottom - Good Supports FoundIAMGOLD Corp. engages in the exploration, development and production of gold and mineral resource properties. The company was founded by William D. Pugliese, Mark I. Nathanson, and Larry E. Phillips on March 27, 1990 and is headquartered in Toronto, Canada.
P/E Ratio (with extraordinary items)
-15.93
SHORT INTEREST
7.95M 07/15/19
Analyst Recommendation Target Price: 5.24
Analyst Recommendation: Overweight
IAG could rocket if 34 bounces off 500 & 200 x 340 = TO THE MOONIAG could rocket if 34 bounces off 500 & 200 x 340 = TO THE MOON
