Looking for the next bounce from 50ma (orange line) at around 17p The price is respecting the 50ma on every pullback. Watching for entry.
Since we hit 1.18p sells have dried out and bulls are taking bigger positions then the bears as viable on the chart. Looking to break that line 1.60-1.66p for a good bull run after. will update in due course. 200ma is getting closer on the daily chart and it might align with the price in due time. #TYM Tertiary Minerals - Pending News Possehl agreement sign...
Bullish divergence at moment - Eyes glued for a break.
We are on a small bear channel but overall if you zoom out we are trading in a range making higher lows on 4h. Still bullish until I'm not. if we hold this $7.8k support we should go to $9k Let's see if we break this bear channel and start building another channel. Possibly on a RSI bullish divergence. Stop loss: $7.7k
Target 9630 This dip today was quite harsh but I believe we are in for a bounce from this area 8000-8100 based on trend line.
Look out for a possible break from triangle formation.
Looking at 1st target 12.80p once broken through 200ma Bullish divergence happening on RSI 30p Target price according to research. Reserves comfortably exceed commercial threshold. tlouenergy.com tlouenergy.com Latest interview: youtu.be/yeHgfbVLeLI
Target 6.69p Entry price: 4p - 4.30p #FLX #Falanx New Bod. New contracts & acquisitions. Options 100% higher then price. BoD own shares higher up. Last placing price was 4.5p. Sellers dried up and overhung possibly gone. Last RNS a huge buyer of 12% of the company.
1st Target 19.42p Entry: 10.81p Profit over 85% Market Cap = $87.49m Wild Horse 290m barrel discovery NPV10 projected* estimate of ~$2.5 Billion = 28x required to reach NPV10 estimate for Wild Horse last week of Q1, 3D soon, Rig mobilisation and Drill updates due probably this week. Key points: 1. Mongolian Government is in alignment with #MATD*...