Ok as I said at the beginning of the day I expect the stock will close in the green today, that would mean a 4.9c or above close... I still think is likely to occur. The story on this stock is too strong and the the only thing that will derail this is a market collapse. An even tht awill only derail it temporarily.
It seems that resistance at 5.3 - 5.4c is still intact at present but it will have been weakened by todays push. The key I'm looking for here is some decent volume going through at 5.4c. When this occurs we will push higher. Chart is still looking V.bullish to me ... nothing fundamentally has changed for this stock. Either the Mcap of its peers in Botswana need to drop to the level of NMR whilst NMR stays the same or the Mcap of NMR must rise...
No Brainer to me ...
All is IMHO, DYOR
NMR Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
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