At strong support & possible bounce - bullish divergencePlacing was at 1.75p so bear in mind they are fully funded at the moment.
Very strong bullish divergence & strong support here.
I don't hold but see is as a possible trade from this levels.
if 1.5p is lost then best to leave stock as we might be heading to new lows.
Metals play including vanadium.
IRON trade ideas
Ironveld - Change in momentum LSE:IRON
- Broke 50 day moving average signalling change in momentum. Went through resistance point easily with strong volume.
- Broke second point of resistance easily, higher highs confirming change in trend.
- Next resistance 3.20 and then key zone at around 3.80.
Target 3.80 if breaks 3.20 - will assess zones beyond that.