Weekly Charting, page-6

Here is an interesting one, GBR, chart dominated by the spike to 70c. Recent news seems to have got it going, but it is close to entering a stale supply area. I have posted 2 weekly charts with and without the spike. Shows the difference the volumne makes.




Interesting scenario, a recent CR was done at 27c when the price was 27c to fund a drilling programe and oversubscibed, so had good support.
The question now is would holders be looking at booking a profit or holding to see the results of the drilling?
This is the daily chart and it shows a text book break out but it's had a good run and does it need a breather?

I don't own this share, put it up for discussion.
Buying into the third day of a rise is risky.