IAG trade ideas
IAMGOLD CORPORATION - IAG - BULLISHIamgold 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 in three regions globally: North America, South America and West Africa.
Within these regions the Company is developing high potential mining districts that encompass operating mines, construction,
development, and exploration projects. The Company’s operating mines include Westwood in Canada, Rosebel (including
Saramacca) in Suriname and Essakane in Burkina Faso. A solid base of strategic assets is complemented by the Côté Gold
construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration
projects in various countries located in the Americas and West Africa.
IAMGOLD employs approximately 5,000 people. IAMGOLD is committed to maintaining its culture of accountable mining through
high standards of Environmental, Social and Governance ("ESG") practices, including its commitment to Zero Harm®
in every aspect of its business. IAMGOLD (www.iamgold.com) is listed on the New York Stock Exchange (NYSE:IAG)
and the Toronto Stock Exchange (TSX:IMG) and is one of the companies on the JSI index1
GOLD MINERS BACK IN BUSINESS - SUMMER
Institutional buying incoming.
No matter the price of gold companies will mine, turn a profit.
NYSE:IAG
TVC:GOLD
CURRENCYCOM:GOLD
OANDA:XAUUSD
FOREXCOM:XAUUSD
FX_IDC:XAUUSD
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icrm.indigotools.com
IAMGOLD CORPORATION - a long position swing tradeSUMMARY:
IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa. Within these regions the Company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects.
SWING TRADE:
Entry 'long' @ US$ 3.30
Price action has completed a abc (zigzag) pattern and has now corrected with a (bearish, any three wave / X-wave)
On a higher degree look from fractal perspective price action has completed (the A-wave) and the recent drop being the corrective (B-wave) setting price action up for a final (C-wave) which always is a 5-wave sequence.
I'll keep you updated along way... if there are any changes in price action I might take profit early or cut a loss without hesitation. but I'll give the trade time to develop.
Never marry the trade! Trade safe, be well.
- Omar Djurhuus
$IAG Target 4.29 for 22.22% $IAG Target 4.29 for 22.22%
Or next add level is at 2.73
$IAG price moved above its 50-day Moving Average. Bullish reversal is more likely... but anything can happen. Gold is quite oversold.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IAG Penny Gold StockCanadian based gold miner.....
Larger trend corrective bear ended July 2015
Intermediate (1) finish Sept 2017 while its wave (2) ended early March of 2020.
Minor 1 looks to have peaked August 2020 although minor 1 could be a fake out B wave as price hit 78.6 retracement of intermediate (1)
Great risk/reward
SL: 1
Entry: 3, 2.40
Take Profit: 14 & 90 (moon projection)
Education only
Calling bull crap on current BTC prices. LONG on gold mining.Blasting has begun at IAG's new gold mine in Canada. One of the biggest in the world. 20 year operation with exploratory drilling coming this summer.
Great cash flow on hand.
With the impending correction to BTC, gold will see a decent increase and in turn get IAG to a supported $4.00 price point.
current $3.50 calls ITM are a steal atm.
Happy trading!
Best Penny Stocks 🚀 to buy and watch in May 2020NYSE:IAG
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FDA date of approval - 18th of April
Our Strategy with this Stock :
We have here a GOLD ETF , which means you are buying stuck in multiple companies in the same time the chart shows a promising constant run up for the ETF , so here we can only use our RSI to look for great opportunities when the price is low and it's oversold in the RSI . If the price goes slightly down and I'm buying it .
What’s the real story :
The beauty of Penny stock that I trade in particular , They are ALL pharmaceutical companies. The AMAZING part is 90% of Biotech penny stocks get approved , Still there is 10% that will go the other way ! That's why I'm here for my students to scan all the markets and give them the conclusion that I personally apply .
How can you actually use this ?
We ONLY trade regarding the news ! Meaning that when we see the anticipatory run UP I start trading it and letting my students and followers take the advantage 👨🎓.
The Best Part
You can follow me and apply my trades for FREE !!!
QUESTIONS ?
Please comment below , what you have in mind 😊
IAmGoldCorp Testing Breakout. (IAG)Based off our history we have a nice wedge pattern being developed on the 2 week.
Our main Resistance is 3.88 - 4$
Break that and we should move north out of Resistance.
No telling how high it would want to go.
We do have have a potential higher low on the bottoms.
If we broke out I think we would see a nice size push.
Could be developing one massive cup and this could be the push for the right side of it.
When scrolling penny stocks we look for these major zones of Resistance and support. Preferably wedges.
Now if it got reject here I think it will turn into a big mess and the bears could win big.
2 nice opportunities approaching for this one.
IAG - excellent follow throughDiscussed that NYSE:IAG may have bottomed two weeks ago. And price action in last two days on very heavy volume supports the fact that it really did.
Now it is approaching resistance zone and neckline of inverse H&S. Might rest for a while, but when resistance is cleared, nothing should stop the rally later on.
IAG - bottom in place?Few weeks ago I mentioned that NYSE:IAG is in good area to make a bottom, and based on recent price action, good odds that bottom is already in (for bullish case to be valid).
Major potential inverted H&S in the making and should not really go below 2.70$, where I am also placing my stop
IAMGOLD -time for a bottom?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
[Long Idea] IAGNice 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.