[Opening Position in Iamgold Corp (IAG)]
Dear Member:
Iamgold (IAG) has bounced up off both a weekly and daily trend. Both MACD and DMI have turned positive today. I am placing an order to buy the stock at a limit of $8.40. If I am wrong on the direction, my initial exit will be the daily trend which is currently about $7.84.
DISCLOSURE: At the time of publication, I do own shares of IAG.
Sincerely,
Bill Kraft
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