Big volume day for HMX which generally trades less over a week than today .. and not on any news ..outside the US markets had a decent fall ... traders selling in fear ? ...certainly been some profit takers in HMX last 3wks...
but at the same time strong hands soaking up the weak >>
even surprised this HMX Bull with its run since march lows 1.2c!! to 6.3c high ...put this price move against announcements and we see a couple presentations .. minor drill results ,North BZW tenements aquired , Mgmt exercising all options early ..
T/A wise hanging man candle looking good for a reversal much like we seen back 13th and 17th March after sideways trading on support ... IMO we will see the same next week till we get ann. ...great time to buy if you trust mgmt are going to deliver .. if so I think 6.3c resistance will be broken pretty quickly leading to blue sky above
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