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POWERHOUSE ENERGY GROUP PLC ORD 0.5P, LOCATION SCIENCES GROUP PLC ORD 0.01P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI), GUNSYND PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P
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''The Co.'s Shares shares shot up 18% in Wednesday morning’s deals after the African coal group landed a supply contract.
A new two-year contract sees Edenville supply 4,000 tonnes of coal per month.''
We can see the trendline has now been broken on good volume
Very deep retrace from the spike on this chartbut holding above the 200DMA. Whilst the price remains above the rising 200DMA then this appears good value. Could hold entry looking for a full pull back onto the 200. Likelihood of bounce if it goes that far pretty high.