Consolidation over, Time to shine, page-26

Eur which spiked by 42 percent , is the kind of stock that makes a difference to the return on investment and you would find a number of lithium, nickel and cobalt related stocks that have done that. It is the right space to invest in” strategic critical minerals”. The next one I am expecting to do that again is Arafura after it had done that in the month of September spiking by 42 percent in that month of which 17 percent alone was after its named was mentioned in Bloomberg article that BMW and Volkswagen have approached the company to secure its supply of NdPr rare earth Metals that are used in magnet for electric car motors The pennant break is forming on the chart, sharp rise in September followed by consolidation, the trends of that have converged and formed the apex or nearly there and the rise usually starts before the apex. I have seen the support of 21.5 c as the apex from which slow rise over the last few days to 23 before a close of 22.5 cents. The only hurdle at the moment is the upcoming Fed meeting, Tuesday and Wednesday which may cause some volatility, if not the the upward trend with Arafura will continue, off course in my opinion. The stock share price starts rising just before the apex and expect a similar spike to the initial one at some stage and in my humble opinion will be after the announcement of binding takeover with the European automakers BMW or Volkswagen or both, time will tell

My thoughts only, not an advice to invest

disclosure 3.55 million shares