Looking backwards at IHL's longer term history, its a mixed bag. For example, it gapped up late December 2021 only to come crashing back past that support, but it gapped up a little late October 2021 and held the line, also on April 2021 and way back in December 2020. Very different market sentiment in 2020/21 though.
The biggest killer, which has been the same for a long time now, is the lack of buying pressure. It's easy to move this stock around on small volume, Be nice if that changes soon, the mass buying days of a few years ago were good times indeed.
IHL Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held