Weekly time frame gives good flexibility for increased probabilities to reach possible move (versus daily chart), and yields faster signals than on monthly chart. Blue Moon Zinc currently in a Stage 2 uptrend. Target .10$
Strong accumulation, bullish MACD/RSI/Stoch action and increasing bid support point to a likely breakout coming. The company has reported high grade Zinc/Gold/Silver intercepts in recent assays. The market is yet to notice it. Just over $3M mkt cap is cheap considering the progress they have made this year.
Blue Moon Metals Inc. engages in the acquisition and exploration of mineral resource properties. It focuses on Blue Moon zinc and Yava properties. The company was founded on January 15, 2007 and is headquartered in Vancouver, Canada.