Iluka showing buying strength poised to move higher

New Buy Entry Alert

 

ILU – Iluka Resources

Stock : ILU – Iluka Resources

Current Price : $8.95

New Buy Entry (Trigger Level) : $8.95

New sell exit level (Stop Loss) : $8.34

ILU has great price structure both on the daily and weekly charts. We are now watching for an initial move higher to the $9.30 level and then continuation toward the $10 mark and the previous $12 highs.