Id hate to jinx it but ALOT of similarities with the HIO chart and SRNs right now.
Looks to me like SRN just had a breakout
Super low volume recently ( sellers done ) buyers having to buy at market rather than wait for low balls.
Shows on MACD as it broke out.
RSI is low and trending higher
Moving averages are very similar to HIOs before the big run up also the cup and handle formation is very similar apart from SRN dipped a bit lower and weeded out a few more loose hands.
Market sentiment is rubbish but we seen the recent rally from 1.5 - 5.5 in the same turbulence.
Im firm on this being at least 150mcap fair value.
TA lines up
FA is even better- infilling targets is the easy part and will most likely hit the higher grades as these are known to be the dense part of the anomoly.
The edges have been found ( lowest grades )
VA
AU
IO
Monster hits coming imo
il feel bad for holders if they have to buy back off the traders for 9c+
Charting/TA, page-28
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