This heavily pumped stock suffered a colossal double top, after hitting that big 4.618 extension. See my recent BRW.v chart for a similar set up.
A break down of the rising bearish wedge (on low volume) is a huge warning shot fired. The measured move is 30 cents. I think a head and shoulders forms.
Bullish pennant on another ressource stock on my scan this morning. Almost confirmed. Pennant should confirm next trading day. If confirmed: Price target = 4.38$ Stay humble, have fun, make money!
The breakout is not yet confirmed. Potentially highly undervalued mining play backed by Eric Sprott. Its properties/projects are primarily focused on zinc, lead and copper. However, the estimated value of gold and silver in drill samples makes the MC absurdly low. Do your own DD, but a good starting point is with Dr. Jim Jones ' reports. He has put together...
Primary Target (short term): Bullish Pennant (74%) PT = 1.10$ Secondary Target (Long term): Ascending Triangle, confirmed (85%) PT = 0.74$
Primary Target (short term): Bullish Pennant (74%) PT = 1.10$ Secondary Target (Long term): Ascending Triangle, confirmed (85%) PT = 0.74$