Hi everyone - long time, no post.
It's been a while but the long weekend has enabled me to catch up on my charting and overall portfolio.
IAM has had a tough 2017. I suspect 2018 will see a reversal in the SP back to the upside for the reasons outlined below.
The company has been very quiet lately, which I think is a good thing. They will announce something when they're ready, which I suspect can't be too far away, now that banks and financial institutions are back from the Xmas/NY break.
There are hints of positive things coming by looking at the charts and the tight trading range over the last 6 months. The recent move over the 100 day MA looks to be a positive trend change, supported by the ADM momentum indicator and bullish direction.
Here's to a big week/month ahead.
AIMHO and DYOR. Good luck everyone.
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