STTCOMP IXR TA LONG
Chart primed on daily for rebound and potential breakout to retest recent highs. Some good technicals to back it up, ones shown are reversing low RSI and MACD.
Some pros/catalysts in FA include some recent anns of 24/7 magnet recycling plant in partnership with ford (and others), first license granted in uganda, and recent hire of ex-SYA director who invested 1.5m.
Some risks include high SOI, recent price supression for what looks like to guarantee new hire to get a better entry price, REE prices volatility and standard few others around REE project (unstable location etc). And of-course it doesnt break-out with volume from chart pattern/s
My entry was 18.5 last week but forgot to tip here, so missed some % gains on my tip so far
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- Short Term Trading Week Starting: 29 Jan
STTCOMP IXR TA LONGChart primed on daily for rebound and...
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