IAG TA

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