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Is IAG ready to make a move? NR7 shows up after sliding 1.24%
On Monday, July 20th, IAG moved down 1.24% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 13.87, 13.77 & 13.59, with resistance at 14.14, 14.32 & 14.42. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of IAG: F
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