grimweasel
Long

Buy based on Weekly DeMark 9 Buy Set Up

LSE:SAV   SAVANNAH RESOURCES PLC ORD 1P
Weekly chart shows a Demark sequential 9 bar print buy setup. Also prints off descending trendline and test of breakout. Tallies with fundamental global reflation narrative supportive of commodities . Expect this share to double from here. Target 9.3p then 12p on Fib projections from monthly chart.
Comment: Well, this has played out very well. Broken out from wedge with large thrust (on good news). Next target is 12p based on fib projections from swing high to low.
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