Looked into it a litlle more and whats significant is that the golden cross produced last trading day coincided with the crossing of resistance (or ex-support point of 8.1c) comfortably and closed strongly with good support
market depth still 2.5 to 1 sell to buy but as we know this is not indicative and can quickly reverse in less than half a session of trading
In order not to be delusional to myself or try to convince myself of a rise, i am asking forumnited versed in TA to criticise the analysis
SB2000 and nana, where are you?
Disclosure My average is now less than 7c and selling now for a significant profit is stupid i reckon cause the more i look at the indicators, the more convinced i am of a possible significant upturn
If the is good volume and another price rise, i reckon we need to get past resistance @ 10 and then a major one @ 13.5 before the dreamers think about 20c or thereabouts
As they say, coinciding with possible MtCarbine ann, the holes in the Swiss cheese is slowly lining up
Got a crapload @5.7c but i reckon the public is generally bullish about this company and more profits are to be made
In this bearish market, one would think, why the hell wont you take $30K+ profits? Well good Q, apart from the fundamentals and the charts, i never felt so good about a junior miner for quite a while. If it drops again, well then you could say i was silly BUT i can tell you i will not regret this although would probably be a little melancholic
Anyhoo TAs please, downramping or upramping is ok provided its supported by what you think is good evidence
Thanks in advance guys
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held