STTCOMP CTM, TA LONG
I think its a Brazilian Nickle miner.
Price collapse in early 2017 has lead to a long consolidation period. Volume bounce with price volatility in August October without a further breakdown shows crowd psychology shift along with slow minor uptrend. Minor uptrend broken in about Feb after beginning new stronger uptrend. Cup and handle pattern is currently in the handle stage. Waiting for fakeout towards trendline and price to be bought back up to current levels. Breakout confirmed with trading above 0.19. Fib levels form the best targets given the sudden fall early last year. Purple lines are the last reasonable levels of support.
Short Term Trading Week Starting: 6 May, page-104
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Last
7,974.8 |
Change
-27.700(0.35%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,002.5 | 8,004.3 | 7,968.8 |
| XAO (ASX) Chart |