I'm not a chartist either, but the 'wall' seems like fair value right now given the lack of recent news. People are probably happy to de-risk / take profits at those levels. The PFS around the corner brings hope but also uncertainty.
I'm holding this long term so I'm not too worried about the 'wall' at ~ 9 cents... but if I was a short term holder, I'd be happy to cash in and take some profits at these levels. However, I'm holding out for great news via the West Musgrave PFS which should send the SP up.
All IMHO. Good luck out there.
On a side note: I didn't realise Mount Squires shared a border with West Musgrave. That's really awesome! Good news for one is good news for the other!
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I'm not a chartist either, but the 'wall' seems like fair value...
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