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Zacmando
Feb 4, 2020 4:35 AM

TSX:MIN Bullish Flag Long

EXCELSIOR MINING CORPTSX

Description

TSX:MIN is forming a bullish flag on the daily chart after a brief rally. The last rally saw the price rise almost 0.20 or 21%. If price breaks out from the bullish flag the increasing volume may shoot the price to the target zone of 1.37-1.43, another possible 20% price rally. growing volume indicates possible strength in price momentum for the breakout to hit the target price.
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