Yeah, 29 - 30, krusty.
Pretty much been range trading between 29 - 39 since Aug last year for what looks to be a solid basing pattern.
Should set up an equally solid move.
Also solid support from the likes of Kyriaco and Pisces - both with proven track records of long term success. The way the price has been supported post-raise, I suspect they're not alone behind the scenes. For me, it's a follow the money situation.
Bit concerning to see it drop through the 200MA. Broke through briefly in the March Covid rout, regained it in one day. This is more sustained.
Looks to be a bit more right-side consolidation under the downtrend. Wouldn't surprise to see it test lower long term support at 26 cents before the next leg up.
Commentary suggests the 3-Stage strategy is being implemented on time and according to plan with a lot going on to be revealed in due course.
Long story short, we can look at charts, but it's always down to any individual company delivering what they say they will.
There's nothing to suggest this is not exactly what management are doing.
I've been picking up a few more - sadly not in Kyriaco style - but happy to get ém under placement. Don't think they'll be on offer at these prices for too much longer.
Here's the weekly for a bit more clarity:
(20min delay)