IAG – Update

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar.

6/5 Since writing the above post IAG has continued to move higher.

31/5 Short-term investors may stick with the position as long as the price activity remains above the 10-day average.

IAG – Recovery Trade?

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar. We add this to the list which also includes CIM & A2M.

6/5 Since writing the above post IAG has continued to move higher. Short-term investors may stick with the position as long as the price activity remains above the 10-day average.