IAG has been one of the best performers amongst the 20 Leaders (XTL) for several months.
For this shortened XMAS week's trading, IAG continued its good form, up +3.99%, which compares favourably to the XJO performance of +2.41%.
The chart has broken above the down-trending oblique trend line and finished above the short-form Bollinger Bands (10/1).
Dynamic Zone stochastic has broken above its lower band which is a short-term
buy signal.
Day EMA of the Force Index has broken above the 13-Day EMA of the Force Index - another short-term
buy signal.
A break by the MACD Histogram would provide a trifecta of
buy signals.For the more cautious trader, that's possibly the signal to wait for.
Take care and good luck.
RB
(20min delay)