IBG 7.14% 1.3¢ ironbark zinc ltd

As we said earlier the Zinc bulls have had their run and Zinc...

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    As we said earlier the Zinc bulls have had their run and Zinc clearly is unwinding to 80c/lb.


    The head and shoulder pattern is running it's course and is almost complete.


    The last of any price action between $1.10~1.20 is being done right now and the last of the sellers will release into these false stock levels hitting so called 'tightest stock levels' in years. Come the next few days/weeks we will see the 100~200K of inventory dumped back into LME stocks and this will break the back of any buyer and the Zn price will rapidly drop to 80c...........


    As you I am invested in IBG and I do not want this to happen, but history repeats and it's clear as day.


    Good luck and hold tight.....pls DYOR


    https://hotcopper.com.au/data/attachments/1348/1348344-ccb8916759eba318c603f56710e8f047.jpg

 
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1.3¢
Change
-0.001(7.14%)
Mkt cap ! $11.96M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $12.46K 912.5K

Buyers (Bids)

No. Vol. Price($)
4 1460375 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 784115 3
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Last trade - 13.41pm 23/09/2020 (20 minute delay) ?
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