Had some trouble uploading my chart with the lines I had drawn on it but if you imagine
a descending resistance line starting from that first peak of 17.5c in early Dec it was again touched at 15c in early Jan and again yesterday it gave CDV a smack at 12c
we also have another line showing the recent base forming at 10c
So the stock is setting itself up for a breakout of this descending triangle and given we are in a gold bull now and this stock has been having monster drill results and has more due shortly its not hard to imagine what the news catalyst will be that will create this breakout
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Chart suggests its getting ready for a breakout
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