Jun. 11 at 4:51 AM
$IZM
.46 is the area I'm watching as the chart continues to take shape.
If price can remain above that level, it would suggest the market is beginning to establish acceptance in a higher range. Some of the more interesting setups emerge when a stock repeatedly confirms the same reference point, turning it into a foundation rather than a hurdle.
For me, the significance of this chart is closely tied to how it behaves around .46.
Curious whether others have .46 marked as a key level, or if a different area stands out.