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Here's a bit of an overview.Timing is everything and it's...

  1. 14,088 Posts.
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    Here's a bit of an overview.

    Timing is everything and it's unfortunate that the recent JORC wasn't well received by the market especially at this time of the year, it was sold off hard and in fact went into oversold territory.

    https://hotcopper.com.au/data/attachments/3309/3309560-3c2ec3eb854874f9d7abf63c547a1351.jpg

    Working forward the SP is now under the 200 day EMA (blue) which will act as resistance when the SP headbutts it and I bet it will also coincide with the downward trendline.
    If there is further weakness, there is support at 6 cents.
    Huge potential here and a nice one to get set early in. IMO

    Cheers

    click on chart to enlarge.
    https://hotcopper.com.au/data/attachments/3309/3309591-ed0a41421d64866526b5a6447506576b.jpg
 
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