IXC 9.09% 7.2¢ invex therapeutics ltd

IXC Charting Thread, page-192

  1. 478 Posts.
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    I'm not sure how you can use either TA or FA to call the bottom here.

    June is historically a time for tax loss selling and that will inevitably put more downward pressure on the price. We're not expecting any announcements in the next month to counter that.

    With respect to technical analysis, we're at an all time low so there are no historical support lines below us. With respect to other indicators, here is a nice summary:

    https://hotcopper.com.au/data/attachments/5297/5297273-8053ef87200e3cd1b444fea48aec428d.jpg

 
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