IRX 0.00% 4.0¢ inhalerx limited

Trading, page-46

  1. 1,447 Posts.
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    After literally flying up 100% in a week it's due for a breather.

    By the looks of it, we've got a buyer or two out there who recognize the deep value and are willing to dip their toes in the water.

    Tellingly, the sellers who were willing to take any price in the 2 cent range were nowhere to be seen on the way back to the 3's suggesting they are probably all done.

    1st CHART 20 FEB 24 .png

    Some supply now finally appearing at 4.1 cents.

    Will be interesting to see if the buyer(s) are done for now or are waiting to flush out some more cheap stock at these levels.

    A turning of the tide is starting to show on the technicals, too.

    The 12 month high of 5.7 cents is not so far away anymore and both the daily and weekly are looking healthy.

    CHART 20 FEB 24.png

    Let's hope our new investors are in it for the long game because the lean mean green machine has left the station.

    Bottom is in and the timing couldn't be better.

    value trap.jpg

    Imho and Gltah
 
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Buyers (Bids)

No. Vol. Price($)
1 17000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 18000 1
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Last trade - 16.12pm 14/05/2024 (20 minute delay) ?
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