ILU 7.89% $5.37 iluka resources limited

Reverse head and shoulders (bullish), page-5

  1. 619 Posts.
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    So why did it get hammered...my guess is the potential fallout from the expected Evergrande collapse next week coupled with a downturn in the Chinese housing market impacting zircon sales. That plus profit taking after rising by +$1.00 since last week's lows. Had it stayed above $9.70, I was thinking of selling myself.
 
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