I’m not real good with charts but everything you’ve drawn up and written makes sense
My personal justification to myself is that this resource is just too good to be left in the ground. It’s the right metal at the right time in my mind
It looks like there is some big pockets with eyes on this company, some have taken a small position but most are still wanting confirmation in the form of financing and an additional BOA.
I’d rather be in than out when the SOI are so low and it’s so tightly held. If it dropped to that lower support level on your chart I’d probably pick up a few more
if the mou with Fengyuan is extended then that may be a possibility only 2 more business days until the end of the month
goodluck all
TMT Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held