Established long position before anticipated breakout from the channel. Another lithium stock ASX:GXY already in strong uptrend - red line in chart.
Target 0.50, SL 0.26, RR 2.0
Will add after daily close above 0.37.
It looks as if the bulls are trying to wrestle through the 104-level with a tight corrective structure just underneath it and hinting a pre-breakout formation. Far from a perfect setup, but a setup nonetheless.
If they manage to break through I'd say the area around 104.100-104.150 should be an area of interest ...