Ann: Step-Out Drilling Intercepts up to 24,894ppm TREO, page-102

u would notice being a TA exponent that it is within that consolidation channel between 1.06 and 1.28. The lower support on low volume is being tested.
the question is which way will it go - break the downside or explode to the upside as there is a squeeze taking place if you put the downtrend line from the 2 previous highs.
it was rejected yesterday at the downtrend resistance. The question is which is the dominant trend that the sp will conform to - the horizontal channel consolidation or the descending triangle or is in the final phase of the descending wedge.
looking at the performance of Mei with a close of 23.5, Vmm could get some benefit as results flow through with mre getting closer and initial anti results a few weeks away.