Well I guess discussing stock related content wasn't on the cards...
Came in like a bull in a china shop, to only disappear as quickly as one came when asked to share/provide some tangible information or substantiated views regarding the metallurgical or the the economics.
Some strong-ish movement in the economy especially across a lot or new age elements. rare earth, nickel, lithium, copper etc, Eagerly awaiting the news ahead.
technically, looks 50:50 to hold .8c and test 1c, whilst can also make case break a .8c break and .6c gap fill and lower support.
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See above showing some daily softening but under low volume so a weakish signal.
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Weekly seems more positive though, which is a stronger signal but obviously a little less reactive.
Highlighted a similar point of the stochastics and the price movement seems fairly similar.
All in all, i'm going to lean to .8c holding and a push to 1c with a break.
If it does pull back I can't see .6c being broken. I'm thinking it would be a .7c line wipe with a 1 share trade into the .6c line before bouncing.
With that in mind, i had my .4c share purchases purged on friday and intend to reload them at .7c in case someone intends to do some fishing.
My thoughts. invest/risk accoringly.
SF2TH
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