VML 20.0% 0.2¢ vital metals limited

VML General Comments - Chat, page-5580

  1. 243 Posts.
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    Great chart, A few positives/negatives I'll add. First thing the positives. This jump is on a much better volume then previously. The overall rare earths space is also in a much better state. Also today the sell volume was soaked up nicely. A close above 6.3 wou'd've been ideal. Personally I am hoping for a close above the trend line which will hopefully bring in new volume next week. Then either a pullback with a confirmed break or a more explosive move up out to 6.8/7.5. Lastly the most encouraging thing is the massive shift in buy vs sell volume for a while we were in a negative surplus, now we are in a strong positive surplus. We are also back over the 200MA. I do think when we do finally move up it should be explosive considering ho long we've been in the symetrical triangle for.

    Negatives. The concern for me is that in the broker reports I have seen is that Canacord has been one of the top buyers. We know they recently ceased being a substantial shareholder and seemingly capped our recent moves up. This has me worried a little. Why would they be buying again if they've recently sold a lot.
 
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