Big accumulation at $0.29 just above the gap. DOW was -250, yet buyers have the blinkers on (finally), FOMO is driving this ship. For all the TA's, gaps aren't the only thing to consider:
- Volume decreasing
- RSI trending up
- +ve MACD crossed
IMO 60/40 that the gap gets filled (if the Dow takes a little plunge), but our Chinese friends are slowly returning to business and every day takes us closer to:
- Announcement and visuals of MO18DD002 (+10%)
- Extension announcement or Sn discoveries (+10%)
- ASX 200 rebalance (+5%)
-JORC resource definition (+30%)
-JV or TO (+??%)
+55% ROI (roughly $0.47 SP) over the next 2 months is a tantalising prospect. if anyone snatched 29c shares, forget Easter Eggs, consider it early Xmas.
ALL IMO.
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