A slight pullback this week which was expected with some profit taking. Double bottom at 21.5c. Yesterday saw a strong day across the Rare Earths sector and it seemed selling dried up at 21.5c/22c. Goldman Sachs average buy in price is 22c. Therefore we should see support at around that level. I believe they may have added on Tues and/or Wed. They did not buy on Thurs/Fri/Mon. Indicators are poised and we now wait for some news and volume to push us higher!! Yesterday saw a nice close at 23c. There is some resistance at 23.5c/24c but i think we will get past that very soon. Upto 22 holes to be announced and prelim met results during this month, should help the SP gain traction.
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