HMX
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2.63% 3.7¢ hammer metals limited

Another week over. Another deal struck. The SP doesn't care...

  1. Dragone64
    4,243 Posts.
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    28/06/24
    16:02
    Post #: 74524450
    Another week over. Another deal struck. The SP doesn't care (yet) - but that will change.

    I see a shy possibility that we could leave these lows behind us in the next few weeks. Moving averages 5, 10 and 20 days show a change (see the red circles). A decision - at least from a technical perspective - could come in the second half of August at the latest, when the Diggers & Dealers conference takes place. I remain optimistic. I see a change in the pulse rate (chart). Let's see if I'm right.

    Have a nice weekend everyone.

    https://hotcopper.com.au/data/attachments/6276/6276332-87628309120be796fa6f2ba8cb372fce.jpg
    https://hotcopper.com.au/data/attachments/6276/6276333-84fde9b96047a9c81a420eb8e1589dfd.jpg
    HMX Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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