INR 6.52% 24.5¢ ioneer ltd

I think that might come week after this. It won’t move much...

  1. 29 Posts.
    lightbulb Created with Sketch. 18
    I think that might come week after this. It won’t move much until the market can read the DEIS for itself and produce its own risk/reward numbers, this was just an article noting a more firmer publication date, after previously getting a rough two week range only (which fell due around this week anyway). Just wouldn’t get hopes up, while it has broken another longer term down trend channel last week that it entered around Jan 2023 (hence the spike up early in the week as it broke thru), it then cooled off and closed around the next level of resistance (a macro down trend channel for this bear cycle, the lower line of that down channel it started from the previous ATH), and also around the top limit of the bollinger band on a weekly scale (closing just above it), so it did get a little heated, but we are ticking boxes in a steady manner which is good. It previously broke down from the 2 year long down trend channel, so if it can break back into that channel it should be steady up side till it hits the upper band of that trend (around $0.35) which could happen in a few months which all lines up with the fundamental milestone release dates. I see next week as going either way (likely a week of indecision) until the market decides later on in the coming weeks/months. Not booking the party until much later in the year.
 
watchlist Created with Sketch. Add INR (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
0.015(6.52%)
Mkt cap ! $569.7M
Open High Low Value Volume
23.0¢ 25.5¢ 23.0¢ $1.830M 7.492M

Buyers (Bids)

No. Vol. Price($)
7 358083 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 108691 6
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
24.5¢
  Change
0.015 ( 8.22 %)
Open High Low Volume
23.5¢ 25.5¢ 23.5¢ 3010420
Last updated 15.59pm 21/05/2024 ?
INR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.