if the stock can hold above 0.255 at today's closing price. It will soar up very quickly.
0.285 is 38.2% Retracement from 13 Week Low;
0.305 is 50% Retracement from 13 Week High/Low;
In addition to technical view, the following reason can support the stock.
1. its value;
2. broker call is between 0.50 - 1.45
3. Iron price has recovered over 20% since it bottom
Good luck to all the holder!
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This is the comment I put last week.
The stock need to break 0.255 - 0.26 at closing. Then it can reach the target is 0.29 - 0.30 these day.
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