Oh darkness my old friend - hit the handbreak today, but nothing goes up in a linear manner. Let it digest a little.
Very quick TA - you'll noticed (as i'm sure most have) that at the circa 0.014-0.015 level, we encounter signficant resistance historically (circled in green) - also this is just overhang from (a) Those who got caught out with wds exit, and now want out; as we attempt to re-enter that trading zone. AND/OR (b) Swing traders who have made 80+% in little over 2weeks from the lows - and good on them, a smart risk/reward exit/play. To continue the upward momentem (purely from a TA perspective); sp needs to close the week (or next week) at 0.015 or above - in zone '2'. Else it might fall back into the trading zone '1' for further consolidation.
Other indicators on the weekly timeframe (not pictured here) - macd, stochs are slowly but surely starting to line up. So it's a patience game.
Outside of TA, there is not much more to it other than waiting (and trusting the team is working towards a favourable farm-in outcome - which is the flame to this tinderbox.).
PCL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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