EXS exco resources limited

NYou may have mistaken share market with a Court if looking for...

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    N

    You may have mistaken share market with a Court if looking for evidence of any kind. EXS has risen more than 15% in the last two weeks from low 60c to high 70c yesterday. My short term target is all time high SP of 77c once divy is ann. However no stock goes up in straight line. 67c was mayor resistance for the last 6 month so after smashing through 67c this week that should become support. So backtest of that support line is not out of question.. Selling is abated at the moment but can be back in no time especially with market volatility these days. This is only my guess .The time will tell. GL to all.
 
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