$IGV wait for confirmation (3/5)

٨ فبراير ٢٠٢٢

Conviction: 3/5

• Better to wait until we break above downtrend resistance line, but overall looks strong
  
• seemed to bounce off 100WMA
  
• RSI-W at historical buy points
  
• bounced off (for now) 50% retracement
  

RISKS
Very expensive relative to historical trend