$IMG UltraBuyers Won the Jackpot — Then Faded. Rebound?UltraBuy at 0.19 on NASDAQ:IMG launched the chart into orbit with a +270% surge to 0.71 before the UltraShort hit right at the peak — top-tier execution for both sides. Earlier UltraShorts at 0.26, 0.28, and 0.31 rode the grind down, but this breakout flipped the script hard. Now consolidating around 0.43, traders are watching for the next UltraBuy or UltraShort to decide the next leg — is 0.50 next or do we retest 0.30? 🔍
IMG
IAG - IAMGOLD - One More Drop Before ReversalHI, This is PRELIMINARY spoiler idea before I will do my main idea on IAMGOLD long term investment. I believe there will be one more leg down in IAMGOLD and many other miners as well before the whole sector turns upward for new long term trend.
The move indicated with red arrow is a last leg of overall BAMM (Bat Action Magnet Move) that was triggered by breaking B point of POTENTIAL Bullish Bat pattern.
My advise to those lucky guys who rides this nice recent bounce is to take profit or hedge their position.
Good luck!