Massive 884% vertical in past 2 hours $IXHLInsane volume, this will be in billions of shares total today.
They've tried to halt it several times but market makers are pulling orders seconds before halt, something is going on they're trying to get their orders filled and avoid halts, we'll soon see why and what's behind all that.
NASDAQ:IXHL
IXHL trade ideas
IXHL - long - psychedelic research pharmaceutical companyIncannex Healthcare Inc is a clinical stage pharmaceutical company developing medical cannabis products for the treatment of Obstructive Sleep Apnea (OSA), Traumatic Brain Injury (TBI)/Concussion, Rheumatoid Arthritis, Inflammatory Bowel Disease, and Inflammatory Lung Conditions. The company has an Australian license to import, export, and distribute medicinal cannabis products and has launched a line of cannabinoid products.
This is not a financial advice!
Upcoming catalyst on 31st. of March
We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.
Only 15.83M Shs Float
Keep an eye on 5.0 level, needs to get broken for a further upmove.
I expect a pullback to 3.7 area, where u can enter a trade
SL under 2.8
TP approx. 8.5
Most info on the chart.
Trade carefully!