In reality , for TA to have much bearing you need some market depth, volumes etc. (and there isn’t) As such anything can and will happen, as it won’t need much volume to move the needle at all. You could make a flimsy case for a number of price points. However someone wanting to accumulate $30-50k will affect the sp. So it’s anyone’s guess until it gets to some long term resistance points. Some might argue those points might be at 6c and 7.6c over the past 12 months.
ERM Price at posting:
5.2¢ Sentiment: None Disclosure: Not Held
