Morning all.
@unname101
I agree mate, time for n update.
This is a great example of a High and Tight Flag.
That is when the flag remains in the top area within the 25% of the Pole or original price move.
The move in this case was 1.9c (height of pole).
This has a 95% chance of repeating that 1.9c move.
Let's hope that the lowest we see here is 2.4c to keep us in that 25% top range.
I am expecting to see some positive results from the Li drilling and soon.
When those coloured lines are in the order of, from top to bottom, Yellow, Red, White, Green, Purple, we have a Bull Stack.
We are now not too far away from that white line as it most often moves back to it as it has right here, Bit like a Magnet.
I think a touch of that green line which will be at the bottom of that flag, SHOULD be the low, (Fingers Crossed).
For now, It's back to an exercise of patience.
Hope that helps.
This can also be a good time to top up, when this chart pattern appears but remember that as the price rises, so does the risk unless we get the news that justifies the action.
Kind regards, Wack.
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