Silvestrov

IAMGOLD -time for a bottom?

Long
NYSE:IAG   Iamgold Corporation
Miners have potential to be one of top players this year, and today I am looking at chart of IAG . Stock reached perfect targets within wave 2 corrrection based on fibo levels, and price also created bullish engulfing candle yesterday . At the same time, price may also be forming bottom within right shoulder in inverted H&S. Looks promising for low risk entry buy


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.