Michaeljob

Potential Gold Rush Trade $PIO

Long
Michaeljob Updated   
ASX:PIO   None
Pioneer resources which apparently has tenements bordering Novo Resources appears to have shown capitulation on the chart, first resistance point as a potential target is 2.0c with the second at 2.7c.
Trade active:
Prior resistance likely to act as support until SPP closed and market begin to grasp Cesium value as well as Pilbara gold lead quality
Comment:
Moving well now, came close to secondary resistance. SPP stock issued at 1.4c will likely prevent a break past secondary resistance over the next few weeks. Currently +44% from entry

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