VMM 3.26% 47.5¢ viridis mining and minerals limited

Back to $1.40 / $1.50 ?

  1. 1,036 Posts.
    lightbulb Created with Sketch. 211
    So where to now?

    $1.40/ $1.50?

    Lower maybe?

    It's unfortunate that freedom of opinion isn't being given that Honorable respect that it deserves here on the VMM threads.
    It seems, anyone with a remotely negative view gets fired upon with a barrage of insults.
    Hopefully we can start off fresh with a new thread and exchange some constructive info.

    Buying volume has been exhausted as the SP trickles its way down toward the Daily 20MA.

    Today's candle is a doji closing at exactly yesterday's low

    Today's doji high also found resistance at yesterday's close

    To me, not a good sign if you're going long.

    https://hotcopper.com.au/data/attachments/5756/5756721-02c7fe3ac8c41ff2a906800733dafd79.jpg

    On the Hourly,

    the 20 MA (Now Resistance) was tested just before the close.
    Most likely IMO from those FOMO on the possibility of news tomorrow.
    IMO, VMM's statement of further news in the ''Near-term'' doesn't strike me as a rush for results by year's end by any means.


    https://hotcopper.com.au/data/attachments/5756/5756751-4cd556d539f29ebc4712efc3b9022a7e.jpg

    IT'S A DOWN-TREND
 
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