ESS essential metals limited

ESS Chart Thread

  1. 3,642 Posts.
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    Hey gang. Thought I would start a chart thread, and thought I would post this chart of CXO, as it looks like ESS could experience what CXO is currently experiencing.

    If you look at the Cxo chart, you will see a sharp increase in share price (the flagpole) followed by about 10 days of consolidation and sideways movement (the flag), followed by another breakout/potential second flagpole.



    https://hotcopper.com.au/data/attachments/2832/2832568-7fded7193a1127067d5e14663bf12b06.jpg


    Now if we look at the current ESS chart, we also see a long flagpole, followed by would could be the forming of a flag. Should we see another week or so of consolidation at these levels, then hopefully it leads to another breakout/second flagpole just like it did for CXO



    https://hotcopper.com.au/data/attachments/2832/2832595-0673bd3a18794ab1dd3591b77a06becb.jpg

    IMO

    GLTAH
 
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