IXR 7.14% 0.8¢ ionic rare earths limited

The last two waves up we topped out just short of the 1.618 Fib...

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    The last two waves up we topped out just short of the 1.618 Fib Extension (circled below). If we repeat this behavior that puts the next target slightly below 10.5c (probably an overshoot of the resistance at 10c to somewhere between 10.2 and 10.3c).

    We won't necessarily go there in a straight line but there is a lot of focus in this sector right now and a lot of gains in Lithium now moving in, so I wouldn't be totally surprised if we do. Not to mention the news catalysts on the near term horizon.


    https://hotcopper.com.au/data/attachments/4220/4220954-02f0aa877afeb6edc6b13d02746bcc0e.jpg

    Last edited by HOOPZ: 31/03/22
 
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