IXR 0.00% 1.1¢ ionic rare earths limited

Thought it would be a good time to give another update on some...

  1. 292 Posts.
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    Thought it would be a good time to give another update on some harmless speculation on the share price.

    IXR has continued its insanely good bull run currently trending down from the upper resistance after bouncing off of the 5.2 retest of the trend. I would presume based on the smaller trendline thats formed IXR is practically bottomed out from here and I would hope for a turn around and ideally a close above 4.6-4.7 by Wed-Fri, before the climb to retest the 5.4 mark again.

    Ideally does its usual rapid climb to the top before slow drift back down, but in the absence of news and liquidity over December I fully expect it may scape along the 4.3-4.7c range until some liquidity is back in the market. Personally I have started additional buys around these levels twice a week in anticipation of a move back to testing 5c but time will tell whether I am right or wrong.

    https://hotcopper.com.au/data/attachments/3890/3890831-54510926316faba54368428dd11d9be8.jpg
 
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Mkt cap ! $50.72M
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1.0¢ 1.1¢ 1.0¢ $8.897K 849.4K

Buyers (Bids)

No. Vol. Price($)
27 8508814 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 9166349 18
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Last trade - 14.59pm 19/07/2024 (20 minute delay) ?
IXR (ASX) Chart
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