IHL 0.00% 4.1¢ incannex healthcare limited

Breakout time?

  1. 3,418 Posts.
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    This feels like it's ready to get up off the floor...

    SP had a crack at getting above the EMA line today, touching 6.4c for the first time in a few weeks.
    Pulled back by the close, giving us this doji:

    https://hotcopper.com.au/data/attachments/1918/1918658-d851aa0ed9c40b0dbf9768febb6b3ea4.jpg

    Looking for a close above 6.2c as confirmation of the turnaround signal.
    I'd normally wait for that before buying, but picked up some today because the downside risk looks very minimal, with repeatedly tested support @6c.

 
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