IXR 6.67% 1.4¢ ionic rare earths limited

What I have found is this stock and RDN are veryclosely...

  1. 149 Posts.
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    What I have found is this stock and RDN are very
    closely correlated and it may be their large following amongst the day traders, but they get mentioned a lot in the DT forum and they have both followed similar charts patterns. Except that IXR is a bit behind RDN. RDN and IXR both ran hard and then had corrective moves back to 2c. RDN is back to nearly 4c, I believe the traders will start taking profits and find themselves taking the trade here at IXR @2c. Fundamentally, I like this stock, just saying on trading activity alone it should bounce nicely this week given the strong trader following and the similarities in the TA with IXR now showing good value and strong buy signals at 2c. Sellers look exhausted. RDN buyers are in sell territory and will want to find their next trade for the week - IXR @ 2c is a No brainer
 
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Last
1.4¢
Change
-0.001(6.67%)
Mkt cap ! $62.25M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $73.92K 5.118M

Buyers (Bids)

No. Vol. Price($)
32 11063703 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 3790731 13
View Market Depth
Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
Last
1.5¢
  Change
-0.001 ( 1.36 %)
Open High Low Volume
1.5¢ 1.5¢ 1.4¢ 2541937
Last updated 15.55pm 29/04/2024 ?
IXR (ASX) Chart
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