Agree, trendline and 20 MA broken and popped above 50 MA. There is also a bullish divergence on the RSI.
It is also forming a very pretty cup rounding bottom so could complete a handle using the trendline as support. A breakout from there and she's off to the races...
This general setup is not unique to CHM, the whole sector has turned.
CHM Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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