IXR 5.56% 1.9¢ ionic rare earths limited

I recently sold my shares based on overbought RSI & Bollinger...

  1. 158 Posts.
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    I recently sold my shares based on overbought RSI & Bollinger Band signals. I'm not 100% sure i did the right thing as I'm very much a learner and am curious about expectations of SP movements this week.

    So assuming the option is exercised on Monday, is the SP expected to rally afterwards based on confirmation & associated announcements, or is there an expectation that the SP will wane on the issuance of $US150,000 shares at 30 day VWAP?

    Over the last 30 days has there been an incentive for existing large shareholders to provide SP support so that the number of shares issued as part of the exercise of option will be reduced? Do these types of shenanigans occur?
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
1.8¢
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1.9¢ 1.9¢ 1.8¢ 2729135
Last updated 15.44pm 28/03/2024 ?
IXR (ASX) Chart
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