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ILU worst ASX 200 performer today - via Market Matters
ILU - Iluka Resources
- Thread starter AnalysisParalysis
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yes the venture into REE is taking it's toll ,A dog is a dog..
Owned via dogs of the asx...
and other economic factors aren't helping either
sub $4 in the near term , perhaps
( i hold )
but starting to get very cautious averaging down on it
this is starting to feel like OZ minerals where i was DEEP under-water before finally getting a good average before the turn-around
a BIG danger is investors forcing management changes
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Market Matters afternoon report:
... there was a big turnaround in Iluka (ILU) +3.95% from early weakness
Agree (I've rung them), and that's a bullish engulfing candle on heightened daily volume. This follows a daily bullish hammer candle marking the prior swing low. Maybe the LOW is in? Has something been happening with Zircon prices? My IMA stock - in the same field - is up a lttle today too.
ILU Not Held
DAILY
... there was a big turnaround in Iluka (ILU) +3.95% from early weakness
Agree (I've rung them), and that's a bullish engulfing candle on heightened daily volume. This follows a daily bullish hammer candle marking the prior swing low. Maybe the LOW is in? Has something been happening with Zircon prices? My IMA stock - in the same field - is up a lttle today too.
ILU Not Held
DAILY
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Iluka has almost sunk to my long speculated worst case target- viz $4
Yet the weekly chart is not showing any obvious reversal signs?
Not Held
WEEKLY
Yet the weekly chart is not showing any obvious reversal signs?
Not Held
WEEKLY
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