43 day classical Rectangle Pattern being tested today for a breakout. MACD divergence and cross on the weekly chart.
A close above 3.50 with decent volume would be conservatively bullish from a technical perspective IMO. I have taken
an aggressive entry here and am comfortable with the attractive risk/reward ratio.
Target would be a measured move to 4c area, which also coincides with the 200 day MA which we seem to have been
returning to on pull-backs since ORE began it's journey downwards.
Lithium sentiment has picked up of late.
GLTA.
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Breakout from Rectangle Pattern
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