Looks like a technical breakout from symmetrical triangle may be on the cards. RSI looking strong. Momentum indicator has turned positive for the fist time since early April. First target 21.84p. Second target at 28p.
Expecting drill results from the 4th hole next week and updated nett asset value statement.
Bullish symmetrical triangle formation still in play. Confluence around the same time as results from the 4th drill hole is expected. RSI looking strong. Momentum indicator about to turn positive for the fist time since early April. Bullish hammer candle. Expect action.
Price action analysis reveals trend reversal with arrows indicating rejection of the previous value area top (rectangle). New rising channel is still in formation. Looking for a bounce off 29p to validate higher low.