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IAM chart discussion only, page-1327

  1. meerkat
    21,239 Posts.
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    10/03/17
    10:48
    Post #: 23243960
    from a TA perspective 4.8c is a 'natural' support price (as I indicated some time ago) simply retracing through the large candle which started the recent rising move. Very typical behaviour for a stock such as IAM when FA issues are encountered. Not rocket science.
    a gradual rebound off that support would not be unexpected, but it's a different scenario if that support doesn't hold...
    IAM Price at posting: 5.3¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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