DEV 3.57% 14.5¢ devex resources limited

OK - That close was everything you would want it to be.... At...

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    OK - That close was everything you would want it to be....
    At one stage it looked as if it was closing under 0.40c and traded briefly at 0.395c

    But it was the volume that came in shortly afterwards that was impressive with 300k plus put on at 0.40c and a strong close into the PRE-CSPA closing at a yearly (and much longer) high.

    The CPN visuals have set the imagination of the punters alight in this region CPN now with a market cap of 163 million and DEV is tracking up closely behind with a current market cap (including additional SOI) of 130 million.....

    Imagine the market cap of both these if those assays come back Good.... In a few weeks...
    Let's not think of the opposite for now.

    This could be the start of a new beginning for DEV...
    Remember DEV has been consolidating inside at first a falling wedge pattern that has completed and has just decisively exited a very large multi month Symmetrical triangle to the upside with a target of 0.55c....

    Because of the length of time trapped inside these extended patterns the price movement is usually explosive and decisive in their move when the share exits from them....

    That along with the fact DEV is sandwiched in between both CHN and CPN provides the rocket fuel to climb much higher....GL IMO DYOR...

    31-05-2021 8.png
 
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