XAM 5.08% 5.6¢ xanadu mines ltd

Interesting chart on XAM:Broken out of it's mini bullish pennant...

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    Interesting chart on XAM:

    • Broken out of it's mini bullish pennant to test minor resistance at 0.057
    • Price has closed well over the SMA (9) line twice - indicating potential new uptrend movement
    • MACD about to cross over, Stochastic with positive momentum
    • Two announcements expected in near future - Red Mountain Drilling Results & Target Update/Phase 2 Program Structure for Kharmagtai.

    If it can push past 0.057 on decent volume, the next test will be at historical minor resistance = 0.063.

    Interesting few weeks ahead I think
 
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5.6¢
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-0.003(5.08%)
Mkt cap ! $96.09M
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6.0¢ 6.0¢ 5.5¢ $117.8K 2.061M

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No. Vol. Price($)
1 112585 5.6¢
 

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Price($) Vol. No.
5.7¢ 455306 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
XAM (ASX) Chart
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