Iqgeo Share Price (IQG)

IQG, has begun a retracement, as in this case signalled by the lower Bollinger band turning up. Support can be expected at previous price highs, between 390-395. The uptrendline is in the same area, reinforcing the probability, of the retracement bottoming out. I would not discount the even number 400, for support. Often a retracement finish, is signalled by the RSI(relative strength index), either crossing above 50, or bouncing from the 50 level.

Impressive fundamentals, pointing upward. Technical position strong as top software sector riser today, on a weak day for the software sector, which fell back into it's 1/3/24, time pivot high/low range.

IQG, secular chart view on all time horizons from 5 year through to 3 month , shows sp, rise from left to right, which supports the very positive fundamentals. Trendline from 31/10/23, is still intact, and volatility based Bollinger bands are separating, indicating faster price action. Price action may slow down when the lower bollinger band stops falling, and begins to rise, in the sane direction as the upper bollinger band.

Small reduction in stake.

Amazing early buy! Congrats. I was not as early as you but bought a lot so things are going well.

I don't think there are skeletons but most dismiss them as expensive by looking in the rear-view mirror rather than ahead. That or they don't put the research in to see what they're building or how their offering beats competitors.

Yes, that was the first question they took. Any idea why IQG doesn't get more coverage on FinTwit etc. as it now has a market cap approaching £300M. Are there some skeletons from the past - before it rebranded as IQG - that has scared everyone away? My first purchase was at 68p on 15 September 2020 btw. Lucky with the timing for a change!