This is a pretty beat up Junior Miner. I'm watching for either a dead cat bounce, or legitimate breakout. I'll be starting a position between .13 & .145.
before saying anything I would like to mention the upcoming Drill results which could be a serious catalyst for the price of Labrador Gold corp. So in term of due diligence I do not just speak to Technical chart but also to extensive research such as Grades ,jurisdiction, financials and more. with that in mind, looking at TSXV:LAB one cant not notice the...
Bouncing of support - inverse head and shoulders developing. Looking for longs
Price has compressed looks like its set to breakout of this down sloping wedge. Nice fibonacci level too
Looks like a clean breakout and re-test on the daily chart for Lab