Breakout commenced Announcement imminent. Positive price action...

Breakout commenced

Announcement imminent. Positive price action consolidating just below the recent high of 3.5c on low volume in a fairly tight slightly upward grinding range/ascending triangle pattern.
All bullish signs. Just need this announcement to come and volume to smash through and we are into the 4's easy.
backtesting prior resistance right now. Anything below 3.5c is a decent entry short term IMO.
Some churn the last few days with placement holders profiting. Healthy for further gains as new holders buy up and will hold till they make their own profit.
Technically I have a measured move to 5c on the next run up.
Fundamentally price gains will be driven by the market cap of GMC being significantly re-rated with the cornerstone investor deposit of $13mil AUD. market will react accordingly.

Massive re-rating on the way.