I am just pointing out a perfect EW pattern for BML. 99 people...

I am just pointing out a perfect EW pattern for BML. 99 people out of 100 would conclude that BML is undervalued. If you look at the below chart, BML has a tendency to launch into significant rallies. On the chart posted earlier we have the upper downtrend line which sits at 15c. A move above 15c would signal a potential breakout. Whether it is BML specific news related or silver price related is anyones guess, but history indicates that BML is very prone to significant rallies.

The current set up has eerily comparisons to the 2022 rally where BML rallied 14c, retraced and then rallied 20c. We have already completed the first rally in late 2023 which was 17.6c and could be very close to the next leg up. In my prior chart I indicated that this next rally would be a wave 3. Go and look up the significance of wave 3's. But until the wave 1 high from December 2023 of 23.5c is broken to the upside, we can only assume that any breakout of the wedge is a possible start of wave 3 and await confirmation later.