as Director keeps buying into it, you can see that he truly believes in the company going forward.
lots happening next few months in this company so he will be entering in a closed period eventually.
we are almost at SR level so can see a potential volume spike & bounce from there.
as a long term trade this could do extremely well so better get on the fundamentals...
Will look for a double bottom to do a bullish divergence before a stronger bounce.
Quite oversold and should start building momentum very soon. news will also help to bring extra sentiment.
some bullish divergences happening bit by bit as buying volume comes.
a few MA's to break on the upside so it might take a while to adjust but eventually it should start...
I believe we should at least head back to the 200ma and with production reaching 8k boepd by year end news then we should head back to highs by spring 2019.
time to be patient as Paul Welsh is always under-promise over-deliver. read the last few RNS's to make up your mind. Also interviews on Proactive Investors.
Amazing bounce from support level.
for entry I would look for a dip back to 50ma or T-line as you don't want to be buying at the top just in case.
Really great chart setup and will look into fundamentals this week.
Quite a nice chart setup for possible entry to come soon after long wait on sidelines as been on down trend for long time
Always best to wait for the best moment to start scaling in if you are keen on the company.
Descending wedge as it gets tighter it will eventually break up.
non-bias view as I don't hold any shares.
Unfortunately I'm slightly bearish here short term but will keep a watch for a reversal.
56.4p is my next support level if 20ma is not strong enough to bounce from.
49.8p quite possibly a great top-up or entry if it drops that low but unsure if it will.
Chart notes above.
Feasability study is this month and as per their tweet they are excited and looking forward to releasing the results.
Nickel price is doing well and massive price forecasts for next few years.
Chart says it all.
Wave 5 started.
Entering a big support level, either it holds here and we will see a lower low
Non biased as I don't hold shares.
Will look in interest.
Lately it had bad exploration results so bear in mind that. more results to come in future.
It's a beautiful chart what can I say?
Not holding any shares so completely unbiased.
If copper price starts moving watch out for a good bounce from here. I think the selling is slowing down last few weeks.
Yes RSI is overbought & stochastic is overbought but feel that price action & news being so close we might have a spike to the resistance level quite possibly on the day when the scoping study RNS comes out.
We might have smaller dips but I think there is high demand in this stock, similar situation to PRD but this one has more emminent catalyst to show economics...
Be mindful if those areas but I think we could have a relief rally before any consolidation, any glimpse of good news will boost the price easily as dip was over-reaction from MM's.
Unbiased but follow story.
Looking very good setup, we seem to be holding the T-line this week. once 20ma gets broken we should see a great move up to 12p in time.
Director been buying a huge amount so news must be coming.
Chart looks amazing and if we get the T-line crossing the 20ma upwards then it's full steam ahead.
unbiased as I don't hold any shares but will WOPE (watch, observe,...