there is alot of sells to burn through before we make any ground. it looks like a lot of ST buyers bought big with the hope of making their 10-20% in the last month when the SP was between 1.2-1.5c.
Im not sure what the catalyst is to get through these resistance levels. 1.2c seems to be increasingly difficult to move past atm.
chart shows that we had a our smallest volume in over 2 months today, but 1.1c still held firm which suggests it will consolidate at these levels short term.
i suspect the next drilling results or some more clarification upon Reese#2 economics would start getting us moving again. your thoughts are welcome.
GEV Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held
