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ThiMars

IGO medium - long term analysis

Long
IGO LIMITED (ASX_DLY:IGO)  
ThiMars  
ASX_DLY:IGO   IGO LIMITED
Trend Analysis Chart Patterns Wave Analysis
5
0
trendanalysis chartpattern waveanalysis
Do not buy #IGO at the current price (8.74), #waiting for more decline to buy (wave C).

First support is 8.63–8.34; small buy with SL 8.1
Second support: 7–6.3, strong buy with SL 6.27-5.9, depending on margin.
If the price is not lower than 5.9, wait for the turnaround signal and then make a strong buy at 8.63–8.53 with SL 8.1 (wave 2).
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