All good, just part of how IAM trades, makes new highs has a pullback, finds a trading range for a little while and then makes a move up again.
Given MOU2 could be announced anytime rather be in than out right now.
Trading Channels Chart update.
The Light green lines note our new current trading channel range, the overall potential range extends to the highest light blue line, as noted previously it will spike out of this range every now and then being overbought and oversold at moments but always return to this upward trend.
When MOU2 comes this should once again spike up more and potentially re-rate us to another new trading range in the same way it's done recently from 4.6c and seems to have settled itself nicely in the 6.6 to 8.1c range overall and more true between 7.2c and 7.8c
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All good, just part of how IAM trades, makes new highs has a...
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