Wow - someone really "loaded up the bus" this morning on IHR...

First 5 Last

Brett M H

1,688 Posts.

1989

25/06/21

10:12

Post #: 54063053

Originally posted by skipskipnz ↑

We've been in a downward trend since Jan and are technically we're still in it, this is likely scaring off a number of investors. There are also a lot of folks holding at a loss, so any rallies will be stopped by people selling to reduce their loss.

There is huge support around the 21.5-23 mark and I think we'll see a sideways breakout shortly.... when its confirmed we've broken out of the downward trend, this thing is going to fly big time. The customer wins and fundamentals have been getting better and better during this downward trend, so its only a matter of time before the price action reflects this.

Expand

Wow - someone really "loaded up the bus" this morning on IHR shares:

Column 1 Column 2 Column 3 Column 4 Column 5

0 10:05:02 AM 0.230 5 $1.150 ASX

1 trade only - 5 shares @ 23 cents = $1.15 worth.

This investor might have to now go without the cheese on their burger today

	Column 1	Column 2	Column 3	Column 4	Column 5
0	10:05:02 AM	0.230	5	$1.150	ASX

IHR Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held

4 Upvote

0 Great analysis

Top Stories

NUZ

Neurizon inks $1.5M loan against R&D Tax Rebate

Oz core inflation at 2.7%; August cut odds still unclear; ASX200 rises

HAR

Haranga jumps +7% on Lincoln acquisition

IXR

Ionic Rare Earths falls -7% as momentum slips on vague production update

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Wow - someone really "loaded up the bus" this morning on IHR...

Top Stories

Neurizon inks $1.5M loan against R&D Tax Rebate

Oz core inflation at 2.7%; August cut odds still unclear; ASX200 rises

Haranga jumps +7% on Lincoln acquisition

Ionic Rare Earths falls -7% as momentum slips on vague production update

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

Featured News