Galileo, Galileo, Galileo, Galileo - You know how the song goes.
There is has been a lot of speculation, high hopes, and a bit of FOMO driving this little miner over the last couple of weeks, and not without a reasonable basis. But will it live up to the hype?
When it comes to speculative , prospectors there are really only two fundamentals that matter.
Australian betting technology provider Betmakers is a few days away from its 2020 earnings announcement (27th August). Where is the market expecting the SP to go with Wednesdays announcement?
The last 2 weeks has shown the stock enter a significant compression phase with Bollinger Bands contracting inside the Keltner Channel in a TTM Squeeze formation.