IBG 0.00% 0.4¢ ironbark zinc ltd

The original weekly chart i posted was a month ago when IBG...

  1. 3,217 Posts.
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    The original weekly chart i posted was a month ago when IBG price was 9.3 cents. Basically nothing has has changed since then on the chart. Price is 9.5 cents, still sitting above a rising 30 week MA. RSI still above 50.

    Patience is the key when using a weekly chart. This could take months to play out, its a case of waiting and seeing whether the price can rise with the MA and RSI. If it does then its a winner. If i get stopped out at 7.5 cents then so be it, I lose.

    But at the moment the chart still looks bullish .
    Last edited by johnyb26: 28/11/14
 
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