tangman

[Long Idea] IAG

Long
NYSE:IAG   Iamgold Corporation
65 views
4
Nice little bounce here in Gold & Gold Miners.

Many Gold Miners did NOT make new lows when Gold crashed over the last few days. In fact they look bullish .

Here's one showing a nice consolidation. IAG did not follow Gold up in September, but has instead built a larger inverse H&S pattern. So if Gold's bull is going this offers a good risk/reward here, with just the H&S target.