Ann: Balama Q1 2019 Preliminary Update, page-55

my target of 1.38 as stated all week was 1c off by getting to 1.37. this has hit the top of my expanding wedge. im satisfied that is leg 1 done. id like to see the shares close @ 1.35, this cements my thought that a drop to 1.20 is on the cards.

the expanding wedge formation needs consolidation back to the gap of 1.20. sorry to be the downer but im honest in my calls.

i cant see this go any higher just yet , the first 2 days of gains were probably due to a leak of the numbers we saw today. the fact the price rose to 1.20 yesterday suggest the rise was by people in the know. lets not forget i posted an article yesterday that showed brokers were expecting a report yesterday, the fact they knew this before the market is odd. the price action appears like they were privy to the numbers on tuesday/wednesday and well before the rest of the market.