IAM chart discussion only, page-1848

Weekly Chart is looking primed to breakout.

4.4c proving to be a short term resistance level, doesn't help having those large orders ahead (FYI drip feed into strength when a stock is moving up not stick up a wall)

EMA and MA lines converging together and starting to turn up which is good.

Candles making higher lows since bouncing off 2.9c support and pushing up.

Back to the previous trading area from Aug-Nov before the big breakout and oversold at this level given the significant fundamental progress in the company since then and now.

- Online Portal: Allow more clients to sign up & use Intigers services like ordering from Domino's Pizza
- 18 clients increased from 9
- NAB trial complete
- Sentry pilot program complete
- 3rd Offshore Processing office opened
- Reduced costs across the business (through finding better facilities/offices with lower running costs)
- Increase of staff from 5 to 10 at the CEBU office just after opening due to demand.
- 73 employees globally
- Intiger have their own private data cable; increasing security & privacy for clients
- MOU2 still in ongoing discussions & engagement
- Trading Halt company back in discussions during the Investor Roadshow
- M1-M4 performance milestones $40m cumulative NPAT still on target
- Increased Processing of client orders by 67%

MACD showing the oversold territory, below the 0 line (blue line) and starting to turn up, ready to cross over.

Given this is a weekly chart and provides a clearer picture of the overall trend, it may take another week for this to play out.

With Sentry news update due and perhaps something on the Trading Halt Co. and NAB, some potential catalysts to set the stock moving.

Money is also returning to the small caps and started a few weeks ago, still slowly edging in, once general confidence comes back to the whole sector, things will pick up further on IAM.