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Iaglong

IAG (International Consolidated Airlines) - Another correction? 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) we are still in a prolonged correction. This can be either a 1-2 or A-B at primary degree . At this stage, we don't really care which one it will be, If we look at the primary B (purple) this seems to be composed of a triple combination WXYXZ. The first part of this triple three looks like a flag-triangle-zigzag , and we are waiting for the second X. This can be in any shape but as of now it is an expanded flat 3-3-5. In the 4h timeframe , this is a "buy opportunity" followed by a "sell opportunity". If this will be the case, the Z completion of the primary B will be the "buy the dip - HODL position".
LSE:IAGLong
by Dry-Storm
13
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 s2.q4cdn.com s2.q4cdn.com icrm.indigotools.com
NYSE:IAGLong
by MaverickTrading
Will IAG overcome its bearish channel started in Nov 2020?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 almost here and covid19 3rd wave has not weakened although it looks like it's going to (at least in Spain it looks like it's changing its trend). Should big player countries such as France, Germany or the UK enforce strict restrictions on flights and mobility once again, IAG would fall again towards 0.5 Fib retracement at least making it very probable to break that support level at 1.50 and go again to historical minimums at 0.97€, with investors worrying about the viability of the company and whether it will really comply with the absorption of Air Europa for €1000 million. If IAG was to back off the deal, that would be a breath for its investors. No signs of that though.
BME:IAGShort
by alexinve