Jerm88

ILU @ 14 SEP 2021

ASX:ILU   ILUKA RESOURCES LIMITED
ILU
- Previous analysis was done on 13 Sep - Suggested entry around 10.25 levels if missed out on previously suggested entry levels of 9.90
- Today’s price action is quite far from the short-term support
- Even though there still is a borderline 10% risk setup for entry, it is recommended to manage risk by either entering half position or waiting for a retracement and successful rebound
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest half entry at current levels or waiting for a retracement and successful rebound
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