I think he views it as the next level of consolidation. What he needs to state is it needs to breach the 1.06/7 levels first. Then 89 c zone is a potential point of support.
no TA can justify a buy signal unless there is a breach of a trend. If 1.06/7 fails and it does make it to 89 c one would need to see it break out of any downtrend as the trend could just continue. As you right say hit 89 c would be a a potential region to exit unless indicators signal otherwise. So far these levels a potential buy due to the consolidation but TA say it’s either a hold or sell unless that down trend from the highs as breached.
now I am not trading this stock and with those monster holes assays due along with updates in metallurgy.
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Last
91.0¢ |
Change
0.035(4.00%) |
Mkt cap ! $58.47M |
Open | High | Low | Value | Volume |
88.0¢ | 92.0¢ | 85.5¢ | $263.8K | 293.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25387 | 91.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
92.0¢ | 5069 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25387 | 0.910 |
1 | 2207 | 0.905 |
1 | 10000 | 0.900 |
1 | 50000 | 0.885 |
1 | 2352 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
0.920 | 69 | 1 |
0.925 | 3120 | 1 |
0.940 | 3389 | 1 |
0.950 | 42315 | 3 |
1.000 | 51298 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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