May as well start a the thread...
Aside from the rare earth thematic only intensifying and the recent capital inject predominately from a very high quality partner with plenty of experience / assistance that can be offered to the company, a look at the technical setup is also quite favourable...
Daily - short term setup
Volume increasing nicely to support the recent move back above the 43d MA and close above the 4.6c / 4.7c levels of resistance. RSI with room to move on its upwards trajectory towards the over bought region + MACD pushing nicely up through the all important 0 control line. Plenty to like about the current move underway, with a buy on weakness stance if provided the further opportunity.
5c being the next target for the short term setup. A close above this mark will see the 5c - 5.5c support / resistance zone in play.
Weekly - medium term setup
A weekly close above the 4.6c / 4.77 levels of resistance opens the door for a run back to the 43d MA at 5.2c, which would also coincide with a positive cross being established in the MACD = very supportive.
VML - setup at play
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $13.22K | 3.621M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
74 | 39823244 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 23168528 | 74 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
73 | 39723244 | 0.003 |
28 | 46650724 | 0.002 |
8 | 55700101 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 23168528 | 74 |
0.005 | 20443038 | 55 |
0.006 | 5559489 | 19 |
0.007 | 5586446 | 11 |
0.008 | 2472799 | 2 |
Last trade - 15.51pm 07/06/2024 (20 minute delay) ? |
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Last
0.3¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
0.3¢ | 0.3¢ | 0.3¢ | 1708544 | ||
Last updated 15.30pm 07/06/2024 ? |
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