BKT 0.00% 5.3¢ black rock mining limited

5.7 is the backtest of original breakout back in the days 11...

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    5.7 is the backtest of original breakout back in the days
    11 cents was the other spot the was very crucial when it broke though back in 21

    I cant see this getting above 11 cents without churning a crap load of shares. Put it like this over 900 mill traded above 11 cents when it broke out and thus far only churned 140 mill once it broke down so thats a crap load stuck above.

    Should bounce around between those prices for a while (year+ IMO)
    https://hotcopper.com.au/data/attachments/6055/6055817-58f3325fec56c5a1caf8bb391cab9c55.jpg

    You can go down even further to the daily and say 7 cents should provide decent resistance for a while whilst CR shares wash through
    https://hotcopper.com.au/data/attachments/6055/6055822-31910ae3ae2925a4568aef3b3077861b.jpg

    All IMO of course but personally Id only be buying this if it hit those lows and have a stop just beneath. Id be selling any rips close to 10 cents, even 9 cents Id take if I bought mid to high 5s. This is what will occur for a while IMO until they wash through all those stuck traders.
 
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