The iShares Expanded Tech Sector ETF (IGM) is a strategic vehicle for gaining exposure to the burgeoning Artificial Intelligence (AI) sector. Investment Thesis: * The artificial intelligence revolution is driving significant growth across numerous industries. * Identifying individual AI winners can be challenging. IGM offers diversified exposure to this...
IGMS is down about 70% YTD with no end is sight as the cash burn is greater than the analyst's estimates.On the 2H chart, the midline of the Bollinger Bands has had a persistent negative slope. Overall, IGMS is very shortable if shares can be found at a low cost. I will watch for a correction of the upgoing price toward the middle of the Bollinger Bands ...
Decisive cloudbreak with perfect alignment on the cloud twist and lagging span crossover. stoploss: 62.58 trailing stop: 2.31, conditional on price reaching 76.44
NASDAQ:IGMS is likely to continue up towards the 74 , It might return to bounce off the white line before continuing towards the 74 . But If the green line is closed above significantly in an upcoming day there would be a considerable chance that it would continue up towards the 97-100 green rectangle area .