Get started
IGO LIMITEDIGO LIMITEDIGO LIMITED

IGO LIMITED

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

IGO trade ideas

IGO @ 20 SEP 2021Text me if you have any questions/comments for me. ----- IGO - Previous analysis was done on 15 Sep -> suggested waiting for successful breakout of $10 psychological resistance - Since then, there was a false breakout and the stock quickly fell below the mid-term support with above average volume - Four of my other indicators are also borderline bearish - A Higher High and Lower Low was formed in the past week -> usually a sign of sideways consolidation - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of $10 psychological resistance
ASX:IGO
by Jerm88
IGO @ 15 Sep 2021IGO - Previous analysis was done on 10 Sep -> suggested waiting for successful breakout of counter-trendline - Stock has gapped up above the counter-trendline (purple dotted line) 2 days in a row but both times disappointingly retraced back - Potentially strong psychological resistance at $10 levels - The stock could retrace back to test the trendline (blue dash line) before attempting to breakout again - Stock could just fly tomorrow too - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of $10 psychological resistance ----- Text me if you have any questions/feedback for me.
ASX:IGO
by Jerm88
IGO @ 10 Sep 2021IGO - First time doing a written analysis on IGO - Has history of multiple uptrends but also multiple downtrends - Historically, the stock has traded in a tight range that is bounded by strong resistances and supports - Created new all-time high a month ago when it briefly tested the 10.00 psychological resistance - Stock recently formed a Lower High (LH) and Higher Low (HL) - A break of either the counter-trendline resistance or the trendline support might lead to a strong push in either direction - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of counter-trendline
ASX:IGO
by Jerm88
IGO Limited - Absolute Return following 6 Consecutive Down DaysI note that IGO has closed lower for 6 consecutive trading days. Historically this type of persistent weakness usually led to a short-term bounce. Since 2002, IGO has fallen for 6 Consecutive Down Days (up or unchanged Day followed by 6 down Days) on 23 occasions. Following this weakness, IGO managed an average 3-day gain of 5.40%, with a win rate of 19 from 23 (median 3.94%, standard deviation 10.06%).
ASX:IGOLong
by UnknownUnicorn25462132
$IGO:ASX - IGO LIMITED - Easy Swing Trade?IGO is more of a pattern trade than anything else. I would want to make sure that it does indeed start to go back up, but you can see that in the past it has had a fairly consistent 15% or so range. Could be a good bracket order. Wait for confirmation, but worth a watch. IGO Ltd. is a development stage company, which engages in the exploration and mining of gold and nickel. It operates through the following business segments: Tropicana Operation; Long Operation; Jaguar Operation; Nova Project; and New Business and Regional Exploration Activities. The Tropicana Operation segment represents the joint venture interest in the Tropicana Gold Mine. The Long Operation segment offers nickel and copper. The Jaguar Operation segment produces copper and zinc concentrates. The Nova Project segment involves the construction and development of the Nova nickel, copper, and cobalt mine located east of Norseman in Western Australia. The New Business and Regional Exploration Activities segment covers the Stockman Project. IGO was founded in May 2000 and is headquartered in South Perth, Australia.
ASX:IGOLong
by zAngus
ASX IGO - Independence Group FY19 A$76.1 Million Up 44% On-YearShare prices jumped straight from the opening trades and pushed through two resistance price points at 5.30 and 5.40. Share prices were up 3.35% at the time of reporting trading at 5.41 and might reach 5.45 if it holds above 5.40 support level. Share prices have recently bounced back at the 5.00 mark which created a double bottom price format. This is a technical indicator of a potential price reversal to the upside. However, Share prices need to remain within the price channel to continue to the upside.
ASX:IGOLong
by Rotuma