Australia's largest stock trading and investment forum Australia's #1 stock forum

IHL

Click for more information

0.00%

4.1¢ incannex healthcare limited

I think the bulls will return sooner or later. There has been...

First 127 Last

Share
Profile

Follow
Jesse27

574 Posts.

21

09/10/19

16:34

Post #: 40798592
Share

Originally posted by Exalted: ↑

Positive here is we technically broke out of the symmetrical triangle on the technicals, but clearly someone took this as an opportunity to get rid of their shares....

It literally cannot be the same person who linewiped 9c at around 1M shares, because the seller sold a lot at 8.8c.

Broker Data again very strong, Pershing back buying as suspected and Hartleys too. Top 2 Sellers are Commonwealth and CMC, both retail.

The depth is looking good again, sell-side absolutely shot up. Need the bulls to return though. Maybe off the back of BOTs successful trial and hot money will return to the sector?

Expand

I think the bulls will return sooner or later. There has been decent price action lately without significant news. There’s plenty of news in the pipeline, including relating to ethics approvals, etc, which should help this along once released.

IHL Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

There are more pages in this discussion • 89 more messages in this thread...

First 127 Last

Add IHL (ASX) to my watchlist