Short Term Trading Week Starting: 9th Apr, page-198

STTCOMP IAM, TA Long

IAM - Intiger Group Ltd
IT - Financial planning software
Market Cap: $33.5M
Cash: $1.59M
Last: 2.5c


IAM appears to be completing a flat correction pattern at the moment. The share price has retraced more than 100% of wave A of the correction and may be coming to the end of the correction. IAM wave 4 correction pattern has retraced 50% of wave 3. There has also been diminishing volume traded over the past few trading days which signals a trend change. The share price could commence an uptrend to complete a wave 5 over the next few trading days.