BCM 0.00% 1.2¢ brazilian critical minerals limited

BBX Just technical analysis of SP, page-6

  1. 2,531 Posts.
    lightbulb Created with Sketch. 1161
    Good point Pastimer.
    The query re TA is that this is a low turnover /low free float stock so TA,which relies for its relevance on SP consensus,is swung too and fro depending upon what may be a few non-representative trades.

    We can be fairly certain that the trend is up.
    We can be fairly certain that we are getting closer to an announcemennt re assaying previous cores every day.

    It is probable that we will have a few holders who think that the grass is greener elsewhere or who have a missus who wants a new Merc so sells a few shares into a thin market.

    However,like the other week,it is highly probable that when FOMO strikes the SP will rocket away.

    Then repeat above all the way till the trend ends..........now,that IS an interesting question!

    However,what is the most sure is that we will continue to have inane comments from non-holders ( and when they eventually stop,consider the MOST interesting question)


 
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