Hello traders and investors,
Today we are looking at the IAG chart (International Consolidated Airlines Group) , one of my favourite charts after the big US cap company. As we know, the airline industry (and hospitality sector) is one the most affected by COVID19 with a low passenger volume. After the first spike of enthusiasm and optimism (around March 2021)...
IAG has activated a divergence between price and MACD with target price at 2.70€ that is +24% from current price. Once reached this price a second impulse will be activated with a higher target at 3.12€.
Iamgold Corporation is a Canadian company that owns and operates gold mines in Burkina Faso, Suriname and Canada.
Headquartered in Toronto, the company was founded in 1990 and went public on the Toronto Stock Exchange in 1996
with additional shares being listed on the New York Stock Exchange beginning in 2005
IAMGOLD is a mid-tier gold mining company operating...
Today, the company has passed 0.236 Fib retracement level and now is touching the upper boundary of the bearish channel it's been immersed since Nov 23, 2020.
RSI 14 is about to surpass 70 level, which usually means a change of trend and that would be bad news for IAG's investors. Either technical and fundamental perspective looks bearish. Easter holidays are...
