Last week I agreed in a thread that OBM looks good technically. I took a position on the the breakout with a price target of mid 30's, thought at the time probably won't cut it for the 25 % in our comp. Looked a bit closer into gold and the new high it carved out. Looking also at several market comments which agree that US will cut rates probably sooner than later in 2024. Weaker US$ should help propelling gold into higher stratospheres, therefore I am going to submit a few gold names and throw them into the mix.
Also like 0BM fundamentally, but technically from breakout it could add 15 cts ( like from 10 to 25 cts in previous timeframe). So 25 % might be doable, especially in a gold friendly environment. Good luck.
