Looking at the weekly chart (top): MACD is strong, RSI has an uptrend line which is has returned to but not broken below, price action shows that price has bounced off the weekly low. The averages are all looking good with 26 EMA and 50 SMA both looking to sweep up through the 200 SMA (I'll be counting the 50/200 SMA cross as a golden cross if (more likely when) it happens). Volume (Elder Force) has a downslope but is in strong positive territory and has a good uptrend. Also the 3 EMA (green line) seems to be holding, which imo is a strong sign.
Switching over to the daily chart (bottom), we have it bounced off the 26 EMA yesterday and now sitting with the other averages, and RSI bounced upward off support at 53. Price targets of between .1104 (bollingers) and .1264 (channel line).
So it looks like a pulled-back daily chart with a strong weekly sitting underneath it.
A lot to like.
Ann: High-Grade Copper Discovery at Mt Craig Project, SA, page-196
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