Itchimoku trader answered these questions already, buy at 22c sell at xxc, must be around here.
permits etc, already expected, look at the 3 bagger run, do you think it will do a TON from here? TON went 20c to 97c back to 23c base camp. Its graphite too.
Graphite aint no gold or nickel. Its a mine with no sales, no income, no dividends like many other spec stocks at a MC of 152M well double of TON.
50c to 58c is the range to watch.
a convincing break below or above is the sign, I think in current market with sellers cashing out globally, its got macro problems that the TA posters ignore.
the fact Itchimoku trader has not responded to my posts n not appeared here for some time either means he has already sold out or he looking to sell out. He isnt spruiking this thats for sure like he did at 22c.
Dont believe new age graphite is any different from other commodities. Its a commodity bloodbath, only GP has shown hedge rebound potential currently.
On TA 50cto58c...watch. TON ended in tears for buyers at 60c to 98c. Now 25c. Sure the rampers may try to ramp but the TA is showing clear downtrend from 58c, this week will be the tell. Dont get caught holding the baby.
If itchimoku is not pushing mbn, then why not?
I also told the SIR delusional posters at $4.00 to sell & run like they stole it, sir now 2.50to2.70 headed to 2.00. Got that call right, I also called mbn at 30c to drop to 4c spot on then rebound to 17c spot on.
You can accept the blue sky posting from these cunning wise sellers trying to suck you in but dont be fooled, the easy moneys been made. If we saw 10M volume crash through 60c, I would be even more negative. If we see 5M vol daily crash n hold 49c or lower then the exit door sign will be skywritten in fluoro.
When I am the only one here stating the obvious it means there is a complete lack of objectivity n reason n thats more dangerous than a graph.
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