Hehehe
This is why I don't use wave counts often.. Volume profiles,RSI, ADX + DI, chart patterns and fundamentals to drive the chart indicators is how I roll. The news incoming and big hits are driving this atm.. If we hit in the north another breakout wouldn't surprise me, as it could indicate we've hit a fairly big deposit. Plenty of tonnes will be mined by open bit judging by how it dips.. I can't wait to see if it converges at depth like LTR etc. We had a good shake in the 5's already, so this run has had a nice platform to spring from. There is still bullish indications on several time frames that could drive this to 6.6c-7.2c(7.2c flag target on 4hourly for instance) in the short term on anticipation of potential visuals from the northern area, which is now being drilled.
My opinion. DYOR!
LRS chart, page-2950
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Price($) | Vol. | No. |
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0.200 | 278379 | 7 |
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