INR 4.55% 23.0¢ ioneer ltd

INR chart, page-152

  1. 452 Posts.
    lightbulb Created with Sketch. 102
    Love your work.
    Yes nailing the reason for these particular channels/lines is heavily dependant on market sentiment, loads of interplay’s bred between significant visual technical landmarks (support/resist, historical volume analysis), indicators including watching the money itself, and swings, Directional indicators, inr and international markets pressures.
    I do very much accept the historical price behavior for the last 20 weeks - 1 year, mainly because no matter how you want to look at it the lines reflect responses by the market.
    These lines/channel does deviate from the usual definition.

    Until something disrupts the markets contentment, investors’ sense of hope will always reign like a spell over the Lithium market.
    I think this is especially the case for a company with well over $10,000,000,000 in confirmed resources that can be unlocked with a front end loader - easiest open pit mine ever in this industry (and cheapest/most profitable per ton).
    I think as time decays the price should appreciate as we approach the permitting period.
    Until then I’ll keep plotting new market movements on my more detailed charts.
    Good luck with your well theorists analysis.
 
watchlist Created with Sketch. Add INR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.