ENTRY: 7.95
SL: 7.05
TP1: 8.91
TP2: 9.34
- ADX<20. Would like it to be higher.
- RSI<50,RSI>30
- Daily RS +ve
- Daily FFI -ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI -ve
- Weekly MACD -ve
- Broke out of downward channel on 9 Nov 2021 before on another downward channel currently.
- Retracement in 2nd downward channel looks well controlled and possible BIC on...
Any bounce at this point is a pretty good buy indication
RSI is at a point of support.
Price has retraced to the support trend line
Palladium price is lifting again
A big bank has just bought in.
All round looks pretty good to me.
An optimistic target would be $12.9
ASX listed stock Chalice continues to head on up.
From their recent announcements:
Julimar – a new high-grade PGE-Ni-Cu-Co-Au discovery in WA
• Australia’s first major palladium discovery
• Emerging as a very large, strategic deposit of critical, ‘green metals’ in a world-class jurisdiction
• Highly leveraged to battery (Ni-Cu-Co) and hydrogen (PGEs-Ni)...
Chalice has a major Palladium find in Australia - been trend most of last summer/fall and is now set to break major resistance for a new multi-month run-up. They are well funded and have major further exploration potential.
Chalice has been having a great run this year up around 2500% off the back of Gold and more recently they have been moving into the nickel-copper-palladium space. Lets hope the run continues.
Chalice Golde Mines Major Breakout of 10 year base. The bigger the base the higher in space. Three district scale exploration properties in the best and most prolific areas in Australia. Tier one assets. Exploring near some of the most profitable mines in the world including the Fosterville Gold Mine owned by Kirkland Lake Gold (NYSE / TSX: KL | ASX: KLA) and...
