INR 0.00% 15.0¢ ioneer ltd

Sure did take its time but the measured target from the previous...

  1. YLJ
    819 Posts.
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    Sure did take its time but the measured target from the previous Bull Flag was achieved yesterday @0.315.
    Yesterday was also a breakout from a 40-day Pennant (a little on the long side in terms of duration but the
    volume was very supportive) and as a half-staff formation, it would carry a measured target of circa 0.415.
    I have thus not taken profit, but rather advanced my stop loss to lock in gains.
    The top of the channel projection (weekly chart) is around 0.38c and I will be watching that level for a possible
    challenge to the advance. All IMHO

    GLTA
    Last edited by YLJ: 07/01/21
 
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