Its been awhile since I posted charts, but looking at more...

Its been awhile since I posted charts, but looking at more indicators, I, like Dragon think movements afoot and accumulation has been taking place since December last year based on weekly charts based on Weinstein analysis.

Its unusual that during the usual tax selling period we have a stopping volume while many other companies are have selling volumes on the daily chart. In light of the recent announcement its not surprising accumulation has been taking place in the shadows for some time as indicated by the weekly chart.

During the last financial crisis Australian commodities did well. I say this in light of some reputable commentators in the USA are now advocating to pull your money out of banks in the USA. I won't elaborate on the reasons, but it could see investment into commodities offshore from the States as safe haven.

In this context, and in the critical minerals space, HMX has some decent assets. Food for thought. Perhaps HMX has bottomed going by the chart indicators. The SAR has not reversed on the weekly chart yet, but on the daily chart it has. The daily might be an early indicator of things to come given what has been happening in the background. I have labelled the daily in more detail to identify the indicators.