TA - charts, price action, page-657

Hi @keepingitril

My charts are similar to both those posted by @mickvp25 and @BagHunterx so i won't post another. In essence i have it tracking the medium term trend nicely and expect it to hold. Thus low 8s of last week should be the bottom. If it's not (and i would have 7.3 as next support) then it would be because we've been genuinely disappointed by results from the drilling campaign and I just don't see that happening - but I realise my own bias.

I'm going to be a net buyer if it does fall significantly below trend support - it's not just the Trundle tenement that's promising here. Rare earths, Orange East plus the other projects in the Kincora JV - our $30mill market cap is eminently justifiable; I bought in to see a $100mill mc on Cummins Range alone. Stupid behaviour by the market will be a wind fall opportunity for those with longer vision imo.