GMD 0.00% $2.30 genesis minerals limited

Ann: Drilling Results Confirm Potential of Barimaia Gold Project, page-18

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  1. 196 Posts.
    lightbulb Created with Sketch. 16
    Technical transition phase crossroad.
    Will it break above transition phase ceiling of 1.7 cents? (This would also be breaking a much longer time period resistance line, so would expect higher volume)

    OR will it break below transition phase floor of 1.4 cents? (This fundamentally seems unlikely given the EV is $6 million at 1.4 cents, never underestimate a downtrend though I guess)

    If there's good news on the horizon (short/medium term) then hindsight will show this transition phase period to be a precursor to a high volume upward breakout event. Not investment advice, DYOR.
    Time will tell with great precision the effectiveness of ones views, albeit optimistically forthwith.
 
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