I’m no mining expert, but from a Ta point of view, it’s got a less than 10% downside risk
- (.225 as a double bottom is where I’d expect it to touch if current support around 24 doesn’t hold) given it’s been through pog 2060-1780, vaccine news & the constant sell off thanks to .27 CR as well as general market sell off a fortnight ago) throughout the last 4+ months to hold on to 22.5 (which in itself was brief by the wick),
a decent 60% medium term swing trade to .40ish (allowing me to free carry the profit as investment) which in itself is still 30% off the ath so fairly achievable on a couple good anns (when market sentiment changes ofcourse as all prev anns have been solid from what I’ve learnt off those in the mining know how).
will take a -10% vs +60% risk reward swing trade any day. Screams a buy for me at current prices (I have some at mid 20s & would look to add more in case 22.5 happens - not a necessity ofcourse as could start uptrend towards 40 tommorrow itself for all we know). Hopefully pog/sentiment in sector+ann timing work out eventually. Long term ofcourse it’l be a beast when in production but even from a traders persoective, it’s a time to buy/hold right now & not panic sell.
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3.5¢ |
Change
0.002(6.06%) |
Mkt cap ! $40.57M |
Open | High | Low | Value | Volume |
3.3¢ | 3.5¢ | 3.3¢ | $2.927K | 83.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 237443 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 24159 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 237443 | 0.033 |
1 | 596114 | 0.032 |
1 | 23890 | 0.030 |
1 | 200000 | 0.029 |
5 | 150000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 24159 | 1 |
0.036 | 182015 | 2 |
0.037 | 125177 | 2 |
0.038 | 200000 | 2 |
0.039 | 150000 | 1 |
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