Has crossed and trading above the ichimochu cloud on the Weekly chart. Using the Weekly to show a longer position.
Been reading about this stock drilling for rare earths in western Australia with results incoming and interesting Tin tenement in Tasmania, worth a look.
Shifting sideways , looking for small consolodation perid, then break to upside.
sitting on .318 fib, next logical up is to .682 fib, 2 targets before to lock in and secure money.
if it falls next lower level is -.682 fb.
VMS in the Australian markets is something I am expecting to hit 0.035 AUD soon for a short target. However, I think this may actually be a decent long hold at this point. At least for a small amount of money taking in the risk, I think this may potentially have another breakout soon and more to come given the need for higher support levels in order to garnish...
