IAM chart discussion only, page-1492

Not sure where you're referring to, I've posted the chart here, it goes back to December where the first bounce off 4.9c happened, before then there was a resistance at 4.9 and the breakout at 4.8c.

So it's only a Double Bottom Pattern formed, which is a bullish reversal pattern anyway as previously mentioned and as you stated above, just as bullish and the target range from such a break out here is the 10c level.

Was pure manipulation with that bot constantly forcing the price lower, regardless if someone was buying up, but once it touched 4.9c it didn't stay there long, watched it live, was quick and the bot went back to buying at 5c then 5.1c.

That's what an organised treeshake/shakeout looks like.

Chart now looks better than any other times for a reversal here, but more so last time IAM broke out from 4.8c it was on pure hype, literally, there was no real news, it was on hype of the MOU2 deal coming in December.

Now IAM is in a far better position to launch with the Sentry Deal close to becoming a Binding Agreement from the Pilot Program finishing, they have just signed a trial with NAB, they opened their 3rd offshore processing office overseas and are hiring more staff.

It's now in a stronger position as a business to sustain higher prices and grow.