no advice given PREM not looking good to me , heading south ... when will buyers step in?
We have two possibilities, either the market broken the pitchwork upwards or the trend broken down and follow the pitschwork
Friday RNS gave MM's the perfect excuse to revisit the wedge. MACD still positive. RSI took a breather. Need to break that 0.25p resistance.
UK based Premier African Minerals (PREM.LN) breaking up from the daily triangle. No quote to buy last 10 minutes of trading. Premium buy @ 0.225p after close. Bodes well for tomorrow with a number of news items due.
Beautiful bullish moves on the monthly. All we can do is sit tight...
PREM have reported securing a 'Grant of Exclusive Prospecting Order Zulu Lithium and Tantalum' which is great news in correlation with the demand for lithium and the coming EV boom. Shares prices are currently at p0.313 I'm in for the long-haul!
Bullish Flag, Awaiting confirmation (68PC) Pros: Volume at post Descending volume during flag forming Volume at break out Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 250RSI above 50 Cons: 200MA flat Target: PT = 0.368$ Help how ever you can to keep this alive. Thank you to those who have donated...
LSE:PREM It is a good stock for a long term investment. Currently we can just hold and wait the right signal to go long. Short term investment: wait to see if the top resistance line will be broken or not before going long (or short if the resistance will not be broken)
Premier African Minerals is obviously highly speculative but it does get high volumes of trading activity. Wouldn't it be lovely for a big lithium find to make this a textbook falling wedge ;)
#PREM; possible breakout of the flag; levels in play at 0.108 & 0.128. May retest breakout (0.08). Levels up 0.158, 0.195. Watch for continued above average volume & rising stochastic, a push of the latter into the 80’s may trigger an impulse move. Trade level to level.
H1 Bull Flag in progress. RSI behaving itself too. Could again see a big move here.
>200DMA once again and breakout from trendline on huge lithium find.
Very solid looking set-up. Bull Flag. Rested on 200DMA as support. Heavy consolidation. Move started today.
My first publication, fairly new trader so all comments are appreciated and will hopefully help me improve. Please point out any mistakes you think I have made. Support at 0.5p has been good which was the last Primary bid placing level and near the 200dma, price has been moving sideways along that level for some time. Resistance and targets at around 0.7p, 0.8 and...
Darwin out and lots of news due, which appears to be pushing the sentiment forward with this one. Hourly chart shows a clear cup-and-handle picture, a good indication of likely bullish continuance. Indicators have cooled off too - allowing for another move - and MACD starting to converge again toward the positive. Handle trend looks to have been broken towards...
the 0.50 level may be a problem