I had a much closer look at the different IAM charts on...

  1. 19,112 Posts.
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    I had a much closer look at the different IAM charts on Christmas eve and today, and thought this 2hr chart summed it up quite nicely.
    And I do think the recent price action may be potential climactic action of some form, where a breakout would come if/when price pushes up through the 6.5/6.6 zone above. Although in Wyckoff terminology, this recent trading may be better termed a re-accumulation zone......we'll see.......


    IAM 231216.png

    cheers
    Last edited by Jako8557: 25/12/16
 
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