IXR 0.00% 1.0¢ ionic rare earths limited

This is not unusual and has been the theme for the past few...

  1. 59 Posts.
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    This is not unusual and has been the theme for the past few weeks. There is not any "major" selling today and it has had a pretty average volume, which is quite common.

    The whole market is red today. A little trick i like to do before the market opens is go on google at 9am and search "asx". One of the first articles always says either "asx to rise" or "asx to fall". When it says rise, IXR often follows. If it says fall like it did today, we end in red.

    As i said from weeks ago, we will not surpass far over 6c without an ann.. There is too much sell pressure, every time we touch 6c, the next day we are dragged back to 5.7/5.8.

    I will actually be very interested to see how the market will react to a solid ann.. i wonder if it can wipe all those hefty sellers up to 7c..
    Last edited by TakeCare: 15/03/22
 
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