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vcm11
Sep 18, 2018 6:13 PM

why haven't derisk since breakout - 0.20p resistance  Long

EUROPA METALS LTD ORD NPV (DI)LSE

Description

Yes RSI is overbought & stochastic is overbought but feel that price action & news being so close we might have a spike to the resistance level quite possibly on the day when the scoping study RNS comes out.
We might have smaller dips but I think there is high demand in this stock, similar situation to PRD but this one has more emminent catalyst to show economics of the asset.
I have derisked a little at 0.115p before a breakout was confirmed.
Happy holding here a little longer for bigger profits now.
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