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 NYSE: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