AlistairBruce

KDNC - PLAYING THE LONG GAME

Long
LSE:KDNC   CADENCE MINERALS PLC ORD 1P
The recent push up and test of the significant pivot at 0.50 was a welcome bit of positivity in what looks like a relentless downtrend.
The longer this deterioration persists the more people leave and use their money elsewhere, so the recent push up on UK electric car commitments seemed to do the trick.
However, 0.50 needs to be broken, my original plan to watch and see this level broken convincingly will signal a strong upward move, until then we are passengers.
Hold the faith, lots in the bag.

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