43 day classical Rectangle Pattern being tested today for a breakout. MACD divergence and cross on the weekly chart. A close above 3.50 with decent volume would be conservatively bullish from a technical perspective IMO. I have taken an aggressive entry here and am comfortable with the attractive risk/reward ratio. Target would be a measured move to 4c area, which also coincides with the 200 day MA which we seem to have been returning to on pull-backs since ORE began it's journey downwards. Lithium sentiment has picked up of late. GLTA.
ORE Price at posting:
$3.52 Sentiment: Buy Disclosure: Held