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PREM

PREM Premier African Minerals targeting 1.29p based on AB=CDMy 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 then 1.29 based on ab=cd. I've attempted to use time based fibonacci strategy to get a time estimate for breakout around 6th of June, or even when news of pending IPCC permit and Zulu production update is released.
LSE:PREMLong
by awais1989
PREM, hourly cup-and-handle consolidation patternDarwin 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 end of today - about to break-out again towards the extension Fib targets?
LSE:PREMLong
by withoutwings