If we hold 6.86, the last high of 7.37 becomes much more likely.
One consideration is, today is Mar option exp day. There may be a lot of sell written 7 buck Mar calls that someone wants to exp worthless. We may get held under 7 through the day.
I own a little bit of stock but am long a lot of April 7.00 calls.
Today isn't critical to me, but I'd like IAG to hold it's rising 60 min channel and preferably that 6.86 fib line.
I'd post the charts as I see them, but yahoo doesn't allow that anymore. Yahoo did many people a disservice by prohibiting links. It didn't reduce the weird spam.