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.
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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.
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VML - setup at play
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $23.58M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $2.885K | 937.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
68 | 35065825 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 28710928 | 82 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
67 | 34732492 | 0.003 |
34 | 50659722 | 0.002 |
9 | 56200101 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 28600928 | 81 |
0.005 | 17321816 | 50 |
0.006 | 5259656 | 16 |
0.007 | 5424638 | 9 |
0.008 | 2472799 | 2 |
Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
0.3¢ |
  |
Change
0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
0.3¢ | 0.4¢ | 0.3¢ | 792434 | ||
Last updated 15.54pm 13/06/2024 ? |
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