CCZ "THE BIG ONE"(ASX: CCZ) Castillo Copper Limited is an ASX-listed base metal explorer primarily focused on copper then nickel, zinc & cobalt within Australia and Internationally.
Chart: Stable and Steady Growth
- Uptrend through Pitchfork ranging through .5 Fibonacci Level
- Double top off Resistance
- Bullish bounce off .382 Fibonacci Level
- Ichimoku still Bullish with Lagging Line free of structure, Conversion and Base Lines still spread and Cloud still trending upwards
- Stochastics Bullish momentum and spread
- MACD turning
- Trending Target lines up with Previous Structure and Fib Extension -0.618
- Market Structure indicating bullish sentiment
Risk Management (Most Importantly) is 3:1 minimum
Fundamentals: "The Big One" greenlighted for drilling campaign
- 35 Drill sites pegged for upcoming Drilling Campaign
- Massive visible Sulphide Veins throughout rockchip samples indicating potential copper mineralisation
- Tendering already narrowed to potential candidates for drilling
- Access to Drill Sites unimpeded and complete
- Copper Prices US/tonne looking to breach $6000 over upcoming months
- CR completed raising north of $2Million for Immediate Drilling at Arya Prospect
- Recently listed on the London Stock Exchange
- Australian Government approvals have been Secured
My only regret is I didn't come across this sooner... Hopefully an entry presents next week. EYES ON!!
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
