Big turnaround on an environmental permit so hopefully this strength is signalling the end of that correction and that capitulation earlier this week has cleared the last of the doubters. A bit of an update on what's going on seems to be all the market was looking for. Would like to see this above 14c to get the chart looking better still. More news might get us there soon hopefully. For now, that is a classic bottom signal which should stop the momentum selling and maybe attract earlier sellers to get back in. Going to be tough for those that just sold around 10c to work out whether to jump back in higher.
NI is quiet with their email. Maybe waiting to see those boots on the ground first?
TA/chart, page-241
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
