Well its extremely good to see this stock hold up so well after the capital raising. Also surprising to see in the broker data that the top 5 net buyers this week have all been brokers 1.9 and 2.2 cents.
Looks like we have run into a bit of selling with the 3B being released. This was always to be expected especially given that we have had no news yet. If we dont get news today or Monday i would expect to see a bit more selling pressure. Im looking for an entry point of 1.4 cents which is the 50 percent retrace and 1 pip above the CR.
Looking forward to the lithium and more graphite results.
Happy Friday everyone.
CGM Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
