So i'll continue my charting discussion with myself for the...

So i'll continue my charting discussion with myself for the amusement of vastly more experienced chartists.
Perhaps@Fredwah may have something to offer?

To re-cap, i did some reading on gap types and came to the conclusion that the gap we saw a couple of weeks ago was a "Breakaway Gap"

https://allstarcharts.com/gaps-need-filled/
https://school.stockcharts.com/doku.php?id=chart_analysis:gaps_and_gap_analysis

Daily Chart


A breakaway gap occurs when prices are breaking out of a range on significant volume, developing a new trend. As a result of a new trend bringing in new market participants and catching many off-sides, this gap generally does not fill and sees upside follow-through relatively quickly. The less that it’s filled, the more clear that a strong new trend has developed.

So the volume we had on breakaway day was over 22m but since then volume has tapered off significantly. I guess that can be expected given we are awaiting further assays / news, which at the time was probably a couple of weeks away at best. Having said that, the sp has held up pretty well (intraday high of 39.5c), especially on two challenging days.

I am waiting for a "runaway break" to confirm things and i would guess from a fundamental perspective, that could well happen at the next announcement, assuming we get further good news.

The top right yellow marking looks too steep and short to be a cup and handle?? and could possible represent some profit taking and two days when the market was mostly red??

Weekly Chart
I know that some chartists like to filter out the daily noise from charts so i did a weekly one as well.Now this chart really doesn't say much to me. Other than a 10 month slow fall from last October until this August, during which time we had the antagonistic Custodian trading going on. Perhaps it is too soon to be looking at it from the "Breakaway" perspective??

Anyway i'm not sure what i set out to do here? I think i was trying to get an idea of where the price may go on a runaway gap and finally and exhaustion gap so that i could strategically place one or two sell orders, lock in a substantial profit and keep the rest of my holding for upside. I think the obvious key lays in the content of the next announcement or two. Perhaps some NXM holders who are chartists may care to add their thoughts.

Looking forward to a trading halt regarding results pre-open tomorrow
Perdy