Iluka Resources Limited

repeated patterns show strong buying.

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In the present volatile market, ILU shows amazing volume of buyers interested in this stocks , after decent consolidation period , it broke north from $9.50 based and now formed a pendant flag at $11.45, never mind the selling pressure, there is ample buyers out there willing to push it up to $13.00 , just beware of its volatility and average true range before they turn against you.

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