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3i Group plc3i Group plc3i Group plc

3i Group plc

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IGQ5 trade ideas

III - Correction of Types More Likely Before Next Move Higher The recent break of the 900 historical level high is a good thing, although maintaining the enthusiasm is becoming a problem with the RSI deviating quite strongly as price struggles to make mediocre higher closes. In reality it looks like its running out of steam, added to the equation is that price is higely overextended from its means (trendline and MA's) which could pull price back through a range of zigzag corrections until it finds some strength at around 820 which is the 50% retracement of the latest leg up. It may also make a good buy zone, a confluent level with Trendline and long term EMA bringing different traders into the game again.
LSE:III
by AlistairBruce

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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