IAG:ASX is a potential counter-trend recovery trade that’s now on our radar.
![](https://d2cbr21qzf932u.cloudfront.net/wp-content/uploads/2021/05/IAG-1-1024x483.png)
6/5 Since writing the above post IAG has continued to move higher.
![](https://d2cbr21qzf932u.cloudfront.net/wp-content/uploads/2021/05/IAG-2-1024x486.png)
31/5 Short-term investors may stick with the position as long as the price activity remains above the 10-day average.
![](https://d2cbr21qzf932u.cloudfront.net/wp-content/uploads/2021/05/IAG-3-1024x480.png)