IRI 2.16% 94.5¢ integrated research limited

While IRI reached a 52 Week high yesterday (19 August 2020), it...

  1. 262 Posts.
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    While IRI reached a 52 Week high yesterday (19 August 2020), it was always going to adjust back to its first resistance level approx $4.17 [Fib 0.382). Nov 2017, Jan 2018 July 2020.

    We are super strong and resilient while there is so much noise in the market. Expect a rebound in the coming days with a teacup swing.

    https://hotcopper.com.au/data/attachments/2399/2399348-792fbf2f8a2b60aca5b8e84a40455f76.jpg

    The day in some more detail. 200EMA pulled south so expect some more pain tomorrow as some holders take whatever profits they have accumulated. I will be topping up tomorrow as it won't sit on these levels. there is too much support building up

    https://hotcopper.com.au/data/attachments/2399/2399366-8c40f6a81d9073d125dcfa33cf100be9.jpg

 
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